Tapestry VP exercises options, sells TPR shares

Tapestry, Inc. executive Manesh Dadlani reported option exercises and share sales.

Accepted by SEC EDGAR 02/12/2026 - 04:18 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Tapestry, Inc. executive Manesh Dadlani reported option exercises and share sales. On February 11, 2026, he exercised a stock option for 402 shares of common stock at $42.31 per share. After this, he directly owned 20,909 common shares.

That same day he sold 115 shares at $153.75 and 2,032 shares at $153.45, and 287 shares were disposed of to cover exercise costs, taxes, and fees. Following all transactions, he directly held 18,475 Tapestry common shares.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Dadlani Manesh

Role VP, Controller and PAO

Sold 2,147 shs ($329K)

Approx. gross sale proceeds $329K

Approx. exercise cost $17K

Type	Security	Shares	Price	Value
Exercise	Stock Option	402	$0.00	$0.00
Exercise	Common Stock	402	$42.31	$17K
Sale	Common Stock	115	$153.75	$18K
Exercise Price or Tax Liability	Common Stock	287	$153.75	$44K
Sale	Common Stock	2,032	$153.45	$312K

Holdings After Transaction: Stock Option — 0 contracts (Direct); Common Stock — 18,475 shares (Direct)

Footnotes (1)

1. F1. These shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described above.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Tapestry (TPR) executive Manesh Dadlani report?

Tapestry VP, Controller and PAO Manesh Dadlani reported exercising stock options for 402 common shares on February 11, 2026. The Form 4 also shows related sales and tax-withholding dispositions of Tapestry common stock on the same date.

How many Tapestry (TPR) shares did Manesh Dadlani sell in this Form 4?

The Form 4 reports sales of 115 shares of Tapestry common stock at $153.75 per share and 2,032 shares at $153.45. These trades occurred on February 11, 2026, in open-market or private transactions.

What stock option exercise did Tapestry (TPR) disclose for Manesh Dadlani?

The filing shows a stock option exercise covering 402 shares of Tapestry common stock at an exercise price of $42.31 per share. The option was originally granted on August 23, 2022 and was set to expire on August 23, 2031.

How many Tapestry (TPR) shares does Manesh Dadlani own after the reported transactions?

After the option exercise, sales, and tax-withholding disposition on February 11, 2026, Manesh Dadlani directly owned 18,475 shares of Tapestry common stock. This figure reflects all transactions disclosed in the Form 4 for that date.

Were any Tapestry (TPR) shares disposed of to cover taxes or fees in this Form 4?

Yes. The Form 4 shows 287 shares of Tapestry common stock with transaction code F. The footnote explains these shares were used to pay the cost, taxes, and fees associated with the stock option exercise described in the filing.

What is the role of Manesh Dadlani at Tapestry (TPR) in this insider filing?

In this filing, Manesh Dadlani is identified as an officer of Tapestry, serving as VP, Controller and PAO. He is not listed as a director or ten percent owner, and the Form 4 is filed for him as a single reporting person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Dadlani Manesh

(Last) (First) (Middle)

10 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

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)
	VP, Controller and PAO

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

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

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

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

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	02/11/2026		M		402	A	$42.31	20,909	D
Common Stock	02/11/2026		S		115	D	$153.75	20,794	D
Common Stock(1)	02/11/2026		F		287	D	$153.75	20,507	D
Common Stock	02/11/2026		S		2,032	D	$153.45	18,475	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	$42.31	02/11/2026		M			402	08/23/2022	08/23/2031	Common Stock	402	$0.0000	0.0000	D

Explanation of Responses:

1. These shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described above.

	/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission	02/12/2026
	** 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).
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