Reddien Tyler Charles 4

What Happened Tyler Reddien (listed on the filing as Reddien Tyler Charles), Capri Holdings' CFO & COO, received a grant of 27,824 restricted share units (RSUs) on April 1, 2026. The award was granted at $0.00 (no purchase price), so the immediate cash value to the executive is $0; actual value will depend on Capri’s stock price when RSUs vest and are settled.

Key Details

• Transaction type/date: Award/Grant (A) on 2026-04-01; Form 4 filed 2026-04-03 (no late filing indicated).
• Grant size & price: 27,824 RSUs @ $0.00; total reported acquisition value $0 (derivative award).
• Vesting: RSUs vest 1/3 each year on April 1, 2027, April 1, 2028 and April 1, 2029, subject to continued employment (except in case of death, permanent disability, or if retirement-eligible under the plan).
• Settlement: Each vested RSU will be settled by issuance of one ordinary share.
• Expiration: The RSUs do not expire (per footnote).
• Shares owned after transaction: Not disclosed in the provided filing.

Context This is a typical executive equity award under Capri’s Amended and Restated Omnibus Incentive Plan designed to retain and align management with shareholders. RSU grants are not an immediate purchase or sale and do not necessarily indicate a near-term trading intent; value is realized only as units vest and convert into shares.