Tapestry (NYSE: TPR) awards new stock options and RSUs to CEO

Rhea-AI Filing Summary

TAPESTRY, INC. (TPR) reported equity compensation and related tax withholding transactions for CEO and Brand President, Coach, Todd Kahn. On August 17, 2026, he received 11,626 unvested restricted stock units of common stock under the Stock Incentive Plan, vesting in four equal annual tranches from August 17, 2027 through August 17, 2030.

On the same date, he was granted 30,864 stock options exercisable at $129.02 per share, also vesting in four equal annual installments from 2027 to 2030 and expiring August 17, 2036, each option converting into one share of common stock. On August 18, 2026, 1,294 shares of common stock were withheld at $132.26 per share to pay taxes due on vesting restricted stock units.

Insider Trade Summary

Net Buyer: 10,332 shares

Net Buy 3 txns

Insider Kahn Todd

Role CEO and Brand President, Coach

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F2	1,294	$132.26	$171K
Grant/Award	Stock Option F3, F4, F5	30,864	$0.00	$0.00
Grant/Award	Common Stock F1	11,626	$129.02	$1.50M

Holdings After Transaction: Stock Option — 30,864 shares (Direct); Common Stock — 96,185 shares (Direct)

Footnotes (5)

1. F1. These securities were acquired in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest in four equal tranches on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.
2. F2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
3. F3. These securities were issued under the Issuer's Stock Incentive Plan.
4. F4. These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
5. F5. These service-based securities vest in four equal installments on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.

Key Figures

RSUs granted: 11,626 shares Stock options granted: 30,864 options Option exercise price: $129.02 per share +4 more

7 metrics

RSUs granted 11,626 shares Restricted stock units of common stock granted on August 17, 2026, vesting over four years

Stock options granted 30,864 options Options on common stock granted on August 17, 2026 under Stock Incentive Plan

Option exercise price $129.02 per share Conversion or exercise price for 30,864 stock options granted August 17, 2026

Option expiration date August 17, 2036 Expiration date of stock options granted to Todd Kahn

Shares underlying options 30,864 shares Each option converts on a 1-for-1 basis into common stock

Shares withheld for taxes 1,294 shares Common shares withheld August 18, 2026 to pay taxes on RSU vesting

Tax withholding price $132.26 per share Price per share for the 1,294 shares withheld to pay tax liability

Key Terms

restricted stock units, Stock Incentive Plan, service-based securities, 1-for-1 basis, +1 more

5 terms

restricted stock units financial

"These securities were acquired in the form of unvested restricted stock units issued"

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.

service-based securities financial

"These service-based securities vest in four equal installments on the first"

1-for-1 basis financial

"These securities will convert on a 1-for-1 basis into shares"

exercise price financial

"Payment of tax liability by delivering or withholding securities; conversion or exercise price"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

What new equity awards did TPR grant to CEO Todd Kahn in this Form 4?

Todd Kahn received 11,626 restricted stock units and 30,864 stock options of TAPESTRY, INC. common stock. Both awards were issued under the company’s Stock Incentive Plan and vest in four equal annual installments from August 17, 2027 through August 17, 2030.

What is the exercise price and term of Todd Kahn’s new TPR stock options?

The newly granted stock options have an exercise price of $129.02 per share and cover 30,864 shares. They start vesting on August 17, 2027 and expire on August 17, 2036, with each option converting into one share of Tapestry common stock.

How many TPR shares were withheld to cover Todd Kahn’s tax obligations?

TAPESTRY, INC. withheld 1,294 shares of common stock from Todd Kahn on August 18, 2026. These shares, valued at $132.26 per share, were used to pay taxes arising from the vesting of previously granted restricted stock units.

How do Todd Kahn’s new restricted stock units in TPR vest over time?

Todd Kahn’s 11,626 restricted stock units vest in four equal tranches over four years. Vesting dates are August 17, 2027, August 17, 2028, August 17, 2029, and August 17, 2030, subject to the service-based vesting conditions described.

Are Todd Kahn’s new TPR stock options service-based awards?

Yes. The filing describes the 30,864 stock options as service-based securities that vest in four equal installments. The vesting occurs on the first, second, third, and fourth anniversaries of the August 17, 2026 grant date, beginning on August 17, 2027.

Does this TPR Form 4 involve any open-market stock sales or purchases by Todd Kahn?

No open-market purchases or sales are reported. The Form 4 shows equity grants of restricted stock units and stock options, plus 1,294 shares withheld solely to pay tax liabilities related to vesting restricted stock units, rather than discretionary trading activity.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 06:53 PM Accepted by SEC EDGAR 08/19/2026 - 06:52 PM Learn about SEC filing dates

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^*

Kahn Todd

(Last) (First) (Middle)

10 HUDSON YARDS

(Street)

NEW YORK 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Brand President, Coach

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	08/17/2026		A		11,626	A	$129.02	97,479	D
Common Stock(2)	08/18/2026		F		1,294	D	$132.26	96,185	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option(3)	$129.02(4)	08/17/2026		A		30,864		08/17/2027(5)	08/17/2036	Common Stock	30,864	$0.0000	30,864	D

Explanation of Responses:

1. These securities were acquired in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest in four equal tranches on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.

2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.

3. These securities were issued under the Issuer's Stock Incentive Plan.

4. These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.

5. These service-based securities vest in four equal installments on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.

	/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission	08/19/2026
	** 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)