Is Matthew Madrigal’s 1,392-share Tapestry (TPR) transaction an open-market purchase?

No. The 1,392 shares reported were granted as unvested restricted stock units under Tapestry’s Stock Incentive Plan. This reflects equity-based compensation rather than an open-market buy order executed through a stock exchange or broker.

What price per share is associated with Matthew Madrigal’s Tapestry (TPR) RSU grant?

The Form 4 lists a transaction price of $143.70 per share for the 1,392 restricted stock units. This figure reflects the value reported for the equity award rather than a cash price paid in an open-market transaction.

Director at Tapestry (NYSE: TPR) receives 1,392 RSU equity award

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Madrigal Matthew reported acquisition or exercise transactions in this Form 4 filing.

Tapestry, Inc. director Matthew Madrigal reported an equity award of 1,392 shares of Common Stock. The Form 4 shows these securities were received as unvested restricted stock units issued under Tapestry’s Stock Incentive Plan, rather than an open-market purchase. All 1,392 RSUs are scheduled to vest on April 6, 2027, and this grant represents his entire reported direct holding after the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Madrigal Matthew

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,392	$143.70	$200K

Holdings After Transaction: Common Stock — 1,392 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 1,392 shares Grant price per share: $143.70 per share Shares owned after transaction: 1,392 shares +1 more

4 metrics

RSUs granted 1,392 shares Restricted stock units awarded to director on April 6, 2026

Grant price per share $143.70 per share Value reported for RSU award

Shares owned after transaction 1,392 shares Total direct holdings following the award

RSU vesting date April 6, 2027 All awarded restricted stock units vest on this date

Key Terms

restricted stock units, Stock Incentive Plan, Form 4, Common Stock

4 terms

restricted stock units financial

"All of these securities acquired were received in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Stock Incentive Plan financial

"unvested restricted stock units issued under the Issuer's Stock Incentive Plan."

A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 06:23 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Madrigal Matthew

(Last)

(First)

(Middle)

10 HUDSON YARDS

(Street)

NEW YORK

10001

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TAPESTRY, INC. [ TPR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	04/06/2026		A		1,392	A	$143.7	1,392	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. All of these securities acquired were received in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest on April 6, 2027.

Remarks:

Exhibit 24: Power of Attorney - Matthew Madrigal

	/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Tapestry (TPR) director Matthew Madrigal report in this Form 4?

Director Matthew Madrigal reported receiving 1,392 shares of Tapestry Common Stock in the form of unvested restricted stock units. The award was granted under the company’s Stock Incentive Plan and represents his total directly held shares following this transaction.

When do Matthew Madrigal’s 1,392 Tapestry (TPR) restricted stock units vest?

All 1,392 restricted stock units granted to director Matthew Madrigal are scheduled to vest on April 6, 2027. Until that vesting date, the RSUs remain unvested equity awards issued under Tapestry’s Stock Incentive Plan.

How many Tapestry (TPR) shares does Matthew Madrigal hold after this award?

Following the reported grant, Matthew Madrigal directly holds 1,392 shares of Tapestry Common Stock. These holdings all come from a single award of unvested restricted stock units reported in this Form 4 filing.