Tapestry VP exercises options, sells TPR shares
Tapestry, Inc. executive Manesh Dadlani reported option exercises and share sales.
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.
Positive
- None.
Negative
- None.
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)
- 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.
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.
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.