Alagoz Halide 4

What Happened

• Halide Alagoz, Chief Product & Merchandising Officer at Ralph Lauren (RL), had performance-based restricted stock units vest on 2026-06-01. She was issued 8,721 shares (3,719 + 5,002) and 4,424 shares were surrendered/withheld to cover tax liabilities (2,367 + 2,057) at $365.87 per share, for reported withholding proceeds of $866,002 and $752,584 (total ~$1.62M). Net new shares retained by the insider = 8,721 − 4,424 = 4,297 shares.
• These transactions were awards/settlement and tax withholding (transaction codes A = award/acquisition; F = tax withholding), not open-market sales.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03.
• Awarded shares: 3,719 and 5,002 (total 8,721) — acquisition value not stated in the filing lines (typical for vesting).
• Shares withheld for taxes: 2,367 and 2,057 (total 4,424) at $365.87 per share; reported cash withheld ≈ $1,618,586.
• Net increase in holdings from the vesting event: 4,297 shares (8,721 issued − 4,424 withheld).
• Footnote: F1 — shares were issued in respect of the vesting of performance-based stock units under the Issuer’s 2019 Long-Term Stock Incentive Plan.
• Shares owned after the transaction not specified in the provided data; no late-filing flag indicated in the materials supplied.

Context

• This is a routine vesting/settlement and tax-withholding event (common when restricted or performance units vest). The withholding is not an open-market sale but a cashless/withholding step to satisfy tax obligations. Such transactions reflect compensation settlement rather than a direct buy or discretionary sale by the insider.