STOCK TITAN

Tapestry CPO sells 5,810 shares after option exercise

Tapestry’s chief people officer exercised options for 6,910 shares and sold shares, largely to cover the exercise cost and related taxes and fees.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TAPESTRY, INC. (TPR) reported that Chief People Officer Denise Kulikowsky exercised employee stock options and related share transactions on September 9, 2026. She exercised options covering 6,910 shares of common stock at an exercise price of $40.58 per share, acquiring the same number of common shares.

On the same date, she sold 2,191 shares at $115.40 per share and 3,619 shares at $115.36 per share. An additional 4,719 shares were disposed of to pay the cost of the option exercise and associated taxes and fees. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

  • None.

Negative

  • None.
Insider Kulikowsky Denise
Role Chief People Officer
Sold 5,810 shs ($670K)
Approx. gross sale proceeds $670K
Approx. exercise cost $280K
Type Security Shares Price Value
Exercise Stock Option 6,910 $0.00 $0.00
Exercise Common Stock 6,910 $40.58 $280K
Sale Common Stock 2,191 $115.40 $253K
Sale Common Stock 3,619 $115.36 $417K
Tax Withholding Common Stock F1 4,719 $115.40 $545K
Holdings After Transaction: Stock Option — 13,820 contracts (Direct); Common Stock — 16,417 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.
Options exercised 6,910 shares Shares acquired through option exercise on September 9, 2026
Option exercise price $40.58 per share Exercise price for 6,910 options exercised on September 9, 2026
Shares sold at $115.40 2,191 shares Open-market or private sale on September 9, 2026
Shares sold at $115.36 3,619 shares Open-market or private sale on September 9, 2026
Shares for cost, taxes and fees 4,719 shares Disposed to pay cost of option exercise and related taxes and fees
Net shares sold 5,810 shares Total shares sold in open-market or private transactions on September 9, 2026
Option grant expiration date August 19, 2034 Expiration of the option series exercised for 6,910 shares
derivative securities financial
"the exercise of the derivative securities described above"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
Payment of tax liability financial
"Payment of tax liability by delivering or withholding securities"

FAQ

What insider transaction did TPR’s Chief People Officer report on September 9, 2026?

TPR’s Chief People Officer Denise Kulikowsky exercised options for 6,910 shares of common stock at $40.58 per share and completed related share sales and tax-withholding dispositions on September 9, 2026.

How many TPR shares did the insider sell in the September 9, 2026 Form 4?

Denise Kulikowsky reported open-market sales of 2,191 shares at $115.40 per share and 3,619 shares at $115.36 per share, totaling 5,810 shares sold on September 9, 2026.

How many TPR shares were used to cover taxes and fees in this Form 4?

The filing states that 4,719 shares of Tapestry common stock were disposed of to pay for the cost of, and the taxes and fees associated with, the option exercise described in the Form 4.

What was the option exercise price in the TPR Form 4 for Denise Kulikowsky?

The employee stock options exercised by Denise Kulikowsky on September 9, 2026 had an exercise price of $40.58 per share and related to 6,910 shares of Tapestry common stock.

Were the reported TPR insider transactions under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported in connection with the transactions disclosed for September 9, 2026.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/09/2026M6,910A$40.5826,946D
Common Stock09/09/2026S2,191D$115.424,755D
Common Stock09/09/2026S3,619D$115.3621,136D
Common Stock(1)09/09/2026F4,719D$115.416,417D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option$40.5809/09/2026M6,91008/19/202508/19/2034Common Stock6,910$0.000013,820D
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 Commission09/10/2026
** Signature of Reporting PersonDate
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)

Keep reading