AHRENDTS ANGELA J 4
Research Summary
AI-generated summary
Ralph Lauren (RL) Director Angela Ahrendts Receives 1.41-Share Award
What Happened Angela J. Ahrendts, a director of Ralph Lauren Corporation (RL), was granted/awarded 1.41 shares (recorded as restricted stock units) on April 10, 2026. The RSUs were issued with no cash consideration (reported price $0.00) and are recorded as an Award/Grant (code A) rather than a purchase or sale.
Key Details
- Transaction date: 2026-04-10. Filing date (Form 4): 2026-04-14 (timely filed).
- Shares acquired: 1.41; reported price per share: $0.00; total cash consideration: $0.
- Transaction type: Award/Grant (A); these arose in connection with dividend treatment (see footnote).
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnote summary: The RSUs represent dividend-equivalent units payable in Class A common stock and relate to RSUs previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan.
Context This was an award of dividend-equivalent restricted stock units, not an open-market purchase or sale. Such dividend-in-kind issuances are administrative and do not necessarily reflect a change in the insider’s view of the company; the small share count here is immaterial from a market-impact perspective.