LAUREN RALPH 4

What Happened
Lauren Ralph, a 10% owner of Ralph Lauren Corp (RL), had performance-based stock units vest on 2026-06-01 and was issued 162,638 shares. To satisfy tax withholding obligations tied to the vesting, 89,531 shares were surrendered/withheld at $365.87 per share, generating proceeds/withholding value of $13,514,687 and $19,241,572 respectively (total ≈ $32,756,259). The underlying awards were granted under the company’s 2019 Long‑Term Stock Incentive Plan.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely).
• Shares issued (award vesting): 66,796 and 95,842 (total 162,638).
• Shares withheld for taxes (dispositions): 36,939 and 52,592 (total 89,531) at $365.87 per share; totals reported $13,514,687 and $19,241,572 (combined ≈ $32,756,259).
• Footnotes: F1 — shares issued on vesting of performance-based stock units under the 2019 plan; F2 — some Class A shares are held by a revocable trust for which the reporting person is sole trustee and beneficiary.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context
This was an issuance (vesting) of performance-based awards with shares withheld to cover tax obligations — a routine, administrative disposition rather than an open‑market sale. For retail investors, such tax‑withholding transactions are standard when restricted/performanced-based stock units vest and do not necessarily signal a change in the insider’s view of the company.