Walker Darren 4

What Happened
Darren Walker, a director of Ralph Lauren Corporation (RL), was granted/received 1.41 restricted stock units (RSUs) on April 10, 2026. The reported acquisition price is $0.00, so no cash was paid and the award’s reported cash value is $0. These RSUs are dividend‑equivalent awards tied to previously granted RSUs.

Key Details

• Transaction date: 2026-04-10; filing date: 2026-04-14. (Form 4s are typically due within 2 business days of the transaction; this filing was submitted one business day after that typical deadline.)
• Transaction type: Award/Grant (code A); shares acquired: 1.41 at $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote (F1): These represent restricted stock units payable in shares as a result of the payment of a cash dividend on the Issuer’s Class A Common Stock, payable in shares in respect of RSUs previously granted under the 2019 Long‑Term Stock Incentive Plan.

Context
This was a non‑cash award (dividend‑equivalent RSUs), not an open‑market purchase or sale. Small, dividend‑related RSU issuances like this are typically routine and don’t necessarily signal a change in insider conviction.