Zhang Wei 4

What Happened
Director Zhang Wei received 1.41 restricted stock units (RSUs) of Ralph Lauren Class A common stock on April 10, 2026. The Form 4 reports this as an award/acquisition (code A) at an acquisition price of $0 — these RSUs were granted as dividend equivalents rather than a cash purchase.

Key Details

• Transaction date: 2026-04-10; Filing date: 2026-04-14 (timely file within the 2-business-day rule).
• Amount: 1.41 RSUs; Reported acquisition price: $0.00.
• Security: Ralph Lauren Corp, Class A Common Stock (ticker RL).
• Shares owned after the transaction: Not specified in the filing.
• Footnote: The RSUs represent dividend-equivalent units payable in Class A shares, issued in respect of RSUs previously granted under the Issuer’s 2019 Long-Term Stock Incentive Plan.

Context
This was an award (dividend-equivalent RSU payout), not a purchase or sale. Such dividend-related RSU issuances are routine corporate compensation adjustments and do not by themselves signal insider buying or selling intent.