Tapestry Insider Report: Kahn Vesting, Sales and 22,000-Share Gift Disclosed

Rhea-AI Filing Summary

Todd Kahn, an officer (CEO and Brand President, Coach) of Tapestry, Inc. (TPR), reported multiple equity transactions between August 21 and August 25, 2025. He disposed of several blocks of common stock for cash: 2,075 shares on 08/21/2025 at $98.39, smaller disposals at ~$99.66 on 08/22 and 08/23, and a 22,000-share gift on 08/25/2025 recorded with code G at no cash price. On 08/22/2025 he acquired 36,623 shares representing performance restricted stock units that vested in full at $35.41 per share, including accumulated dividends from the award date. Some shares were withheld to cover taxes related to vesting.

Insights

Securities Analyst

Insider executed routine vesting and sales; net holdings modestly reduced, with a separate large gift recorded.

The filing shows a mix of tax-withheld share settlements for RSUs and PRSUs, a cash acquisition representing vesting of performance RSUs, and multiple open-market dispositions near $99.66 per share. The 22,000-share entry coded as a gift is a non-compensatory transfer and reduces beneficial ownership. These transactions are disclosed under Section 16 and present routine executive compensation monetization rather than a clear signal about company fundamentals.

Corporate Governance Expert

Transactions appear compliant and transparent, but the gift merits governance note due to size.

The report documents tax-withholdings and vesting-related issuances consistent with equity compensation practice, including certification and full vesting of performance RSUs. The bona fide gift of 22,000 shares is explicitly noted as uncompensated; while permitted, such transfers should be monitored for related-party connections or subsequent disposition. No corrective or unexplained trades are present in the filing.

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

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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^*

Kahn Todd

(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)
	CEO and Brand President, Coach

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		2,075	D	$98.39	122,895	D
Common Stock(2)	08/22/2025		A		36,623	A	$35.41	159,518	D
Common Stock(1)	08/22/2025		F		1,976	D	$99.66	157,542	D
Common Stock(3)	08/22/2025		F		18,580	D	$99.66	138,962	D
Common Stock(1)	08/23/2025		F		1,358	D	$99.66	137,604	D
Common Stock(4)	08/25/2025		G	V	22,000	D	$0.0000	115,604	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.

4. Bona Fide Gift. No compensation was given to Mr. Kahn for the gifting of shares.

	/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.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did Todd Kahn report for TPR in August 2025?

Mr. Kahn reported multiple transactions: disposals on 08/21/2025 (2,075 shares at $98.39) and on 08/22–08/23/2025 (various shares at ~$99.66), an acquisition on 08/22/2025 of 36,623 shares from vested performance RSUs at $35.41, and a 22,000-share gift on 08/25/2025.

Why were some shares withheld in these transactions?

The filing states certain shares were withheld to pay taxes associated with the vesting of restricted stock units and performance restricted stock units.

What does code G mean for the 22,000 shares on 08/25/2025?

The filing annotates the 22,000-share transaction as a Bona Fide Gift, indicating no compensation was received by Mr. Kahn for those shares.

Did the filing disclose performance metrics or the reason for RSU vesting?

The filing states the performance restricted stock units were certified and vested in full on 08/22/2025 and include dividends since grant; no additional performance metric details are provided.

How many shares did Mr. Kahn beneficially own after these transactions?

After the reported transactions the filing shows 115,604 shares beneficially owned following the 08/25/2025 gift disposal.