[Form 4] Tapestry, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Tapestry, Inc. (TPR) Form 4 shows insider transactions by CEO Joanne C. Crevoiserat related to vested restricted stock units and performance restricted stock units. On 08/21–08/23/2025 the reporting person disposed of a series of common shares totaling 96,131 shares through withholding or sale at prices between $98.39 and $99.66 to cover taxes on vesting. On 08/22/2025 the filing shows 146,489 shares acquired at $35.41 representing performance RSUs that vested in full, including accumulated dividends. Beneficial ownership increased from 558,882 to 705,371 shares following these transactions.

Positive

• Performance RSUs vested in full, resulting in 146,489 shares issued at $35.41 and inclusion of accumulated dividends
• Beneficial ownership increased to 705,371 shares following the transactions, reflecting vested awards being added to holdings

Negative

• Substantial share dispositions totaling 96,131 shares on 08/21–08/23/2025 at prices between $98.39 and $99.66 (withheld/sold to cover taxes)
• Concentration of large equity compensation activity in a short period could result in notable share turnover, as shown by multiple dispositions and acquisitions over three days

Insights

Financial Analyst

TL;DR: Routine executive vesting with tax-related share withholding and offsetting issuance of performance RSUs increased total beneficial ownership.

The Form 4 records customary equity compensation mechanics: performance RSUs certified and vested in full (146,489 shares at $35.41) on August 22, 2025, and multiple share dispositions on 08/21–08/23/2025 to satisfy tax obligations and/or withholding (total dispositions 96,131 shares at ~$98–$99.66). Net effect is an increase in reported beneficial ownership to 705,371 shares. These transactions are disclosure of compensation realization rather than market-directional insider trading driven by non-compensation events.

Corporate Governance Expert

TL;DR: Disclosure aligns with governance best practices: timely reporting of vested compensation and tax withholdings.

The filing explicitly notes that shares were withheld to pay taxes on both time-based and performance-based restricted stock unit vestings, and that performance metrics were certified leading to full vesting. The reporting was made by an authorized corporate officer via power of attorney. This is a routine governance disclosure that documents compensation realization and tax settlement activity by the CEO.

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
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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^*

Crevoiserat Joanne C.

(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 Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

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(1)	08/21/2025		F		8,013	D	$98.39	558,882	D
Common Stock(2)	08/22/2025		A		146,489	A	$35.41	705,371	D
Common Stock(1)	08/22/2025		F		7,902	D	$99.66	697,469	D
Common Stock(3)	08/22/2025		F		74,783	D	$99.66	622,686	D
Common Stock(1)	08/23/2025		F		5,433	D	$99.66	617,253	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

Explanation of Responses:

1. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.

2. These securities represent performance restricted stock units for which performance measures were certified and vested in full on August 22, 2025. These securities include all dividends accumulated since the granting of the award on August 22, 2022.

3. These shares were withheld to pay the taxes in connection with the vesting of performance restricted stock units.

	/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission	08/25/2025
	** 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.

FAQ

What transactions did TPR CEO Joanne Crevoiserat report on the Form 4?

The Form 4 reports dispositions of 96,131 common shares on 08/21–08/23/2025 and the acquisition of 146,489 shares on 08/22/2025 related to vested performance RSUs.

Why were shares disposed of according to the Form 4?

The filing states that shares were withheld to pay taxes in connection with the vesting of restricted stock units and performance restricted stock units.

How did these transactions affect Joanne Crevoiserat’s beneficial ownership of TPR?

Beneficial ownership increased from 558,882 to 705,371 shares following the reported transactions.

What price was reported for the vested performance RSU shares?

The performance restricted stock units that vested on 08/22/2025 are reported with an acquisition price of $35.41 per share and include accumulated dividends.

At what prices were the disposed shares reported?

Disposed shares on 08/21–08/23/2025 were reported at prices between $98.39 and $99.66 per share.

Who signed the Form 4 filing for Tapestry?

The Form 4 was signed by Emily S. Zahler, Assistant Corporate Secretary pursuant to a power of attorney filed with the SEC on 08/25/2025.