Findley Linda 4
Research Summary
AI-generated summary
Ralph Lauren Director Linda Findley Receives 1.41 Shares
What Happened
Linda Findley, a director of Ralph Lauren Corporation (RL), was credited with 1.41 restricted stock units (RSUs) on 2026-04-10. The units were recorded at $0.00 per share (award/grant), resulting in no cash outlay by the reporting person. This was an award (not a market purchase or sale).
Key Details
- Transaction date: 2026-04-10; Transaction type: Award/Grant (code A) — 1.41 shares @ $0.00.
- Filing date: 2026-04-14 (filed with the SEC; appears timely).
- Shares owned after the transaction: Not disclosed in this filing.
- Footnote: The RSUs represent dividend-equivalent units payable in Class A common stock in respect of previously granted RSUs under the Issuer’s 2019 Long‑Term Stock Incentive Plan (see F1).
- No indication of a 10b5-1 plan, cashless exercise, gift, or tax‑withholding event in this filing.
Context
These RSUs are dividend-equivalent awards tied to earlier RSU grants and are a routine form of compensation/adjustment for insiders. Such awards are not the same as an insider buying or selling stock on the open market and should be interpreted as compensation-related, not a direct signal of buying/selling intent.