Tapestry (TPR) Chief People Officer exercises stock options and adjusts holdings
Rhea-AI Filing Summary
Tapestry, Inc. Chief People Officer trades company stock following option exercise. On 12/04/2025, the executive exercised a stock option for 1,186 shares of Tapestry common stock at an exercise price of $26.59 per share. As part of the same transaction, 583 shares were sold at $115.17 per share and 603 shares were disposed of at $115.17 per share to cover the cost, taxes, and fees related to the option exercise.
After these transactions, the officer directly beneficially owns 18,682 shares of Tapestry common stock and holds 30,664 derivative securities (stock options). The filing reflects a routine update to the insider’s ownership position rather than a change in corporate strategy or operations.
Positive
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FAQ
What insider transaction did Tapestry (TPR) report in this Form 4?
Tapestry reported that its Chief People Officer exercised a stock option for 1,186 shares of common stock and sold or disposed of shares on 12/04/2025 to cover related costs.
How many Tapestry (TPR) shares were acquired and at what price?
The officer acquired 1,186 shares of Tapestry common stock by exercising a stock option at an exercise price of $26.59 per share.
At what price were Tapestry (TPR) shares sold in the reported transaction?
The filing shows 583 shares sold and 603 shares disposed of at a price of $115.17 per share in connection with the option exercise and related tax and fee obligations.
How many Tapestry (TPR) shares does the insider own after the transactions?
Following the reported transactions, the Chief People Officer directly beneficially owns 18,682 shares of Tapestry common stock.
What derivative securities does the Tapestry (TPR) insider still hold?
The officer continues to hold 30,664 derivative securities in the form of stock options, including the option exercised for 1,186 shares originally priced at $26.59.
Why were some Tapestry (TPR) shares sold or disposed of in this Form 4?
The explanation states that shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the stock options described in the filing.