Tapestry (NYSE: TPR) awards VP RSUs vesting through 2030
Rhea-AI Filing Summary
TAPESTRY, INC. (TPR) reported insider equity activity by Manesh Dadlani, VP, Controller and Principal Accounting Officer. On August 17, 2026, he received an award of 1,558 shares of common stock in the form of unvested restricted stock units under the company’s Stock Incentive Plan, valued at $129.02 per share. These units will vest in four equal annual tranches on August 17 of 2027, 2028, 2029 and 2030. On August 18, 2026, 298 shares were withheld at $132.26 per share to pay taxes in connection with the vesting of restricted stock units, which is reported as a disposition but does not represent an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,260 shares
Net Buy
2 txns
Insider
Dadlani Manesh
Role
VP, Controller and PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 298 | $132.26 | $39K |
| Grant/Award | Common Stock F1 | 1,558 | $129.02 | $201K |
Holdings After Transaction:
Common Stock — 19,018 shares (Direct)
Footnotes (2)
- F1. These securities were acquired in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest in four equal tranches on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.
- F2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
Key Figures
RSU grant shares: 1,558 shares
RSU grant price: $129.02 per share
Tax-withheld shares: 298 shares
+2 more
5 metrics
RSU grant shares
1,558 shares
Unvested restricted stock units granted on August 17, 2026 under Stock Incentive Plan
RSU grant price
$129.02 per share
Value per share for 1,558-share restricted stock unit award on August 17, 2026
Tax-withheld shares
298 shares
Shares withheld on August 18, 2026 to pay taxes on RSU vesting
Tax-withholding price
$132.26 per share
Price used for 298 shares withheld for tax liability on August 18, 2026
RSU vesting dates
August 17, 2027; 2028; 2029; 2030
Four equal annual vesting tranches following the August 17, 2026 grant
Key Terms
restricted stock units, Stock Incentive Plan, withheld to pay the taxes, vesting
4 terms
restricted stock units financial
"These securities were acquired in the form of unvested restricted stock units issued"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Incentive Plan financial
"unvested restricted stock units issued under the Issuer's Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
withheld to pay the taxes financial
"These shares were withheld to pay the taxes in connection with the vesting"
vesting financial
"in connection with the vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider stock award did TAPESTRY, INC. (TPR) report for Manesh Dadlani?
TAPESTRY, INC. reported that Manesh Dadlani received an award of 1,558 shares of common stock as unvested restricted stock units on August 17, 2026 under the company’s Stock Incentive Plan, with a value of $129.02 per share.
How will the new restricted stock units for TPR’s officer vest over time?
The 1,558 restricted stock units granted to Manesh Dadlani will vest in four equal tranches on the first through fourth anniversaries of the grant date: August 17, 2027, 2028, 2029, and 2030, providing a multi‑year equity compensation schedule.
What transaction codes were used in this TPR Form 4 filing?
The filing shows code A for a grant or award acquisition of 1,558 restricted stock units on August 17, 2026, and code F for shares withheld to pay tax liability (298 shares) on August 18, 2026 related to restricted stock unit vesting.
Did the TAPESTRY, INC. (TPR) Form 4 indicate a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox was not affirmatively marked, and the transactions involve an equity award and tax-withholding shares, which are administrative compensation events rather than discretionary open‑market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.