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Tapestry (TPR) Chief People Officer exercises options and sells stock

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Tapestry, Inc. Chief People Officer Denise Kulikowsky reported multiple transactions in company stock on February 10, 2026. She exercised stock options for 14,146 shares at $26.59 and 6,910 shares at $40.58, receiving the same number of common shares.

On the same day she sold 3,229 and 5,937 common shares at $155.62 per share, and additional shares were disposed of to cover exercise costs, taxes, and fees as noted in the footnote. After these transactions, she directly owned 18,733 Tapestry common shares.

Positive

  • None.

Negative

  • None.
Insider Kulikowsky Denise
Role Chief People Officer
Sold 9,166 shs ($1.43M)
Type Security Shares Price Value
Exercise Stock Option 6,910 $0.00 --
Exercise Stock Option 14,146 $0.00 --
Exercise Common Stock 14,146 $26.59 $376K
Exercise Common Stock 6,910 $40.58 $280K
Sale Common Stock 3,229 $155.62 $502K
Tax Withholding Common Stock 3,681 $155.62 $573K
Sale Common Stock 5,937 $155.62 $924K
Tax Withholding Common Stock 8,209 $155.62 $1.28M
Holdings After Transaction: Stock Option — 20,730 shares (Direct); Common Stock — 32,879 shares (Direct)
Footnotes (1)
  1. [object Object]
Form 4 Insider Transactions: What Each Field Means →
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*
Kulikowsky Denise
(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)
Chief People Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
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 02/10/2026 M 14,146 A $26.59 32,879 D
Common Stock 02/10/2026 M 6,910 A $40.58 39,789 D
Common Stock 02/10/2026 S 3,229 D $155.62 36,560 D
Common Stock(1) 02/10/2026 F 3,681 D $155.62 32,879 D
Common Stock 02/10/2026 S 5,937 D $155.62 26,942 D
Common Stock(1) 02/10/2026 F 8,209 D $155.62 18,733 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 $40.58 02/10/2026 M 6,910 08/19/2025 08/19/2034 Common Stock 6,910 $0.0000 20,730 D
Stock Option $26.59 02/10/2026 M 14,146 11/01/2024 11/01/2033 Common Stock 14,146 $0.0000 16,518 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).
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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Tapestry (TPR) report for Chief People Officer Denise Kulikowsky on this Form 4?

The Form 4 shows Denise Kulikowsky exercised stock options and then disposed of some Tapestry shares. She converted options into common stock and sold or delivered part of those shares to cover exercise costs, taxes, and fees, ending with 18,733 shares owned directly.

How many Tapestry (TPR) stock options did Denise Kulikowsky exercise?

Denise Kulikowsky exercised two stock option grants covering 14,146 shares at $26.59 and 6,910 shares at $40.58. Each exercise converted options into the same number of Tapestry common shares, increasing her direct stock ownership before subsequent sales and tax-related dispositions.

At what price did Denise Kulikowsky sell Tapestry (TPR) shares on February 10, 2026?

She reported open-market sales of Tapestry common stock at $155.62 per share. The filing lists separate sale transactions, plus additional share dispositions at the same price to pay the cost of exercising options and to satisfy associated tax and fee obligations.

What is Denise Kulikowsky’s remaining Tapestry (TPR) share ownership after these transactions?

After exercising options, selling shares, and disposing of stock for taxes and fees, Denise Kulikowsky directly owns 18,733 Tapestry common shares. This figure reflects her beneficial ownership immediately following all the reported February 10, 2026 transactions in the Form 4.

Were any Tapestry (TPR) shares sold specifically to cover option exercise costs and taxes?

Yes. A footnote explains that certain Tapestry shares were sold to pay the cost of exercising the derivative securities and to cover related taxes and fees. These tax-withholding dispositions are reported separately from the open-market sale transactions in the filing.

What role does Denise Kulikowsky hold at Tapestry (TPR) according to the Form 4?

The Form 4 identifies Denise Kulikowsky as an officer of Tapestry, serving as Chief People Officer. She is not listed as a director or 10% owner, but as a Section 16 reporting person because of her executive officer position with the company.