[Form 4] TAPESTRY, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAPESTRY, INC. Chief Executive Officer Joanne C. Crevoiserat reported a combination of option exercises, tax-related share dispositions, and open-market sales of common stock. She exercised a total of 66,061 stock options at strike prices of $15.83 and $20.97 per share, converting them into common stock.
To cover the cost and taxes associated with these exercises, 38,285 shares were disposed of as tax-withholding transactions, and 27,776 shares were sold in open-market transactions at approximately $132.88–$132.90 per share. The filing shows she directly held 649,919 shares of common stock following these transactions, which were carried out under a pre-arranged Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 27,776 shares ($3,691,136)
Net Sell
8 txns
Insider
Crevoiserat Joanne C.
Role
Chief Executive Officer
Sold
27,776 shs ($3.69M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 30,291 | $0.00 | -- |
| Exercise | Stock Option | 35,770 | $0.00 | -- |
| Exercise | Common Stock | 35,770 | $20.97 | $750K |
| Exercise | Common Stock | 30,291 | $15.83 | $480K |
| Sale | Common Stock | 13,047 | $132.90 | $1.73M |
| Sale | Common Stock | 14,729 | $132.88 | $1.96M |
| Tax Withholding | Common Stock | 17,244 | $132.90 | $2.29M |
| Tax Withholding | Common Stock | 21,041 | $132.88 | $2.80M |
Holdings After Transaction:
Stock Option — 60,583 shares (Direct, null);
Common Stock — 649,919 shares (Direct, null)
Footnotes (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. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19, 2025, and entered into at a time when the reporting person possessed no material nonpublic information.
Key Figures
Options exercised: 66,061 shares
Open-market sales: 27,776 shares
Tax-withholding shares: 38,285 shares
+4 more
7 metrics
Options exercised
66,061 shares
Common stock acquired via option exercises on May 13, 2026
Open-market sales
27,776 shares
Common stock sold at about $132.88–$132.90 per share
Tax-withholding shares
38,285 shares
Shares disposed to cover exercise costs and taxes
Strike price 1
$15.83/share
Exercise price for 30,291 stock options
Strike price 2
$20.97/share
Exercise price for 35,770 stock options
Post-transaction holdings
649,919 shares
Common stock directly held after reported transactions
Sale price range
$132.88–$132.90/share
Prices for open-market common stock sales
Key Terms
Rule 10b5-1 trading plan, stock option, derivative security, tax-withholding disposition, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
stock option financial
"Stock Option transactions with exercise prices of 15.8300 and 20.9700 per share..."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
derivative security financial
"the exercise of the derivative securities described above"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
