Ranftl Robert P. 4
Research Summary
AI-generated summary
Ralph Lauren (RL) COO Robert P. Ranftl Sells 6,500 Shares
What Happened
Robert P. Ranftl, Chief Operating Officer of Ralph Lauren Corp (RL), reported the sale of 6,500 shares on June 3, 2026. The shares were disposed at a weighted-average price of $359.56, generating total proceeds of approximately $2,337,140. This was a sale (not a purchase) and is described in the filing as an open-market transaction.
Key Details
- Transaction date: June 3, 2026.
- Price: weighted average $359.56; individual sale prices ranged from $359.47 to $359.58 (report notes multiple transactions).
- Shares sold: 6,500; reported proceeds: ~$2,337,140.
- Shares owned after the transaction: not specified in the information provided in this summary/filing excerpt.
- Footnotes: F1—sales made for estate planning and investment diversification; F2—price is a weighted average over multiple transactions and the filer can provide a detailed breakdown on request.
- Timeliness: filing dated June 5, 2026, for a June 3 transaction—no late filing is indicated (filed within standard 2-business-day window).
Context
Sales by executives are often routine (e.g., diversification, estate planning) and do not necessarily signal a change in company outlook. Here, the filing explicitly cites estate planning and diversification as the reason. The weighted-average price and price range indicate the 6,500 shares were sold in multiple tranches on the same day.