Tapestry (TPR) CEO exercises stock options and sells shares for taxes

Rhea-AI Filing Summary

Tapestry CEO Todd Kahn exercised stock options and sold shares of the company’s common stock on February 9, 2026. He exercised options with a $15.83 exercise price for 60,000 shares and 30,874 shares of common stock. He then sold 13,534 shares at $152 and 26,281 shares at $151 per share. Additional dispositions of 17,340 shares at $152 and 33,719 shares at $151 were made to cover the cost, taxes, and fees associated with the option exercises. After these transactions, Kahn directly owned 86,859 shares of Tapestry common stock.

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)
02/09/2026

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	02/09/2026		M		60,000	A	$15.83	146,859	D
Common Stock	02/09/2026		M		30,874	A	$15.83	177,733	D
Common Stock	02/09/2026		S		13,534	D	$152	164,199	D
Common Stock(1)	02/09/2026		F		17,340	D	$152	146,859	D
Common Stock	02/09/2026		S		26,281	D	$151	120,578	D
Common Stock(1)	02/09/2026		F		33,719	D	$151	86,859	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
Stock Option	$15.83	02/09/2026		M			30,874	08/17/2021	08/17/2030	Common Stock	30,874	$0.0000	60,000	D
Stock Option	$15.83	02/09/2026		M			60,000	08/17/2021	08/17/2030	Common Stock	60,000	$0.0000	0.0000	D

Explanation of Responses:

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.

	/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission	02/11/2026
	** 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 did Tapestry (TPR) CEO Todd Kahn report in this Form 4 filing?

Todd Kahn reported exercising stock options and related share dispositions. He converted options into Tapestry common stock, then sold and used some shares to cover exercise costs and tax obligations, ending with a direct holding of 86,859 shares.

How many Tapestry (TPR) shares did Todd Kahn acquire through option exercises on February 9, 2026?

Todd Kahn acquired Tapestry common stock by exercising options for 60,000 shares and 30,874 shares at an exercise price of $15.83 per share, converting previously granted stock options into directly held common shares.

At what prices did Todd Kahn sell Tapestry (TPR) common stock on February 9, 2026?

Todd Kahn reported open-market sales of Tapestry common stock at $152 per share for 13,534 shares and at $151 per share for 26,281 shares, as disclosed in the non-derivative transaction table.

How many Tapestry (TPR) shares does Todd Kahn own after these transactions?

Following the reported exercises and dispositions, Todd Kahn directly owns 86,859 shares of Tapestry common stock. This figure reflects his beneficial ownership after accounting for all option exercises, sales, and tax-related share dispositions on February 9, 2026.

Why were some of Todd Kahn’s Tapestry (TPR) shares disposed of under transaction code F?

Shares marked with transaction code F were used to pay the cost, taxes, and fees associated with the option exercises. The footnote explains that these dispositions funded the exercise price and related tax liabilities, rather than representing ordinary open-market sales.

What types of securities did Todd Kahn transact in this Tapestry (TPR) Form 4?

Todd Kahn’s Form 4 shows activity in both stock options and common stock. He exercised stock options into common shares, then reported open-market sales and tax-withholding dispositions of common stock tied to those option exercises.