Cupp Debra S. 4

What Happened Debra S. Cupp, a director of Ralph Lauren Corporation (RL), was granted 1.41 restricted stock units (RSUs) on 2026-04-10. The reported acquisition is coded as an award/grant (A) at a grant price of $0.00, so the reported transaction value at grant is $0. These RSUs are dividend-equivalent units tied to previously granted RSUs under the company's 2019 Long-Term Stock Incentive Plan.

Key Details

• Transaction date and type: 2026-04-10 — Award/Grant (code A) of 1.41 RSUs at $0.00 per share.
• Reported filing: Form 4 filed 2026-04-14 (within the standard two business-day reporting window).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The RSUs represent dividend-equivalent units payable solely in Class A common stock in respect of RSUs previously granted under the 2019 Long-Term Stock Incentive Plan.

Context This was an award tied to dividend payments on existing RSUs (a dividend-equivalent issuance), not an open-market purchase or sale. Such dividend-related RSU issuances are routine and reflect dividend reinvestment for holders of outstanding RSUs rather than a directional insider trade signal.