Tapestry grants VP 1,558 RSUs at $129 each
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 298 | $132.26 | $39K |
| Grant/Award | Common Stock F1 | 1,558 | $129.02 | $201K |
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
Key Terms
restricted stock units financial
Stock Incentive Plan financial
withheld to pay the taxes financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock award did TAPESTRY, INC. (TPR) report for Manesh Dadlani?
How will the new restricted stock units for TPR’s officer vest over time?
What transaction codes were used in this TPR Form 4 filing?
Did the TAPESTRY, INC. (TPR) Form 4 indicate a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.