Reitman Stephen F 4
Research Summary
AI-generated summary
Capri Holdings (CPRI) Director Stephen Reitman Sells 17,981 Shares
What Happened
Stephen F. Reitman, a director of Capri Holdings Ltd. (CPRI), reported an open-market sale of 17,981 shares on 2026-06-08. The shares were sold at a weighted average price of $19.42, for total proceeds of approximately $349,166. This transaction is a sale (disposition), which does not by itself indicate the director’s view of the company.
Key Details
- Transaction date: 2026-06-08 (reported on Form 4 filed 2026-06-09).
- Price: Weighted average $19.42; individual sale prices ranged from $19.41 to $19.43 (see footnote F1).
- Shares sold: 17,981; total proceeds ≈ $349,166.
- Shares owned after transaction: Not specified in the excerpt provided — see the full Form 4 for the “amount beneficially owned” after the sale.
- Footnote: F1 notes the reported price is a weighted average; the seller can provide a breakdown of the number of shares sold at each price within the $19.41–$19.43 range on request.
- Timeliness: Filed the next day (2026-06-09); Form 4 is generally required within two business days, so this filing appears timely.
Context
Sales by directors can be routine (e.g., diversification, taxes, personal liquidity) and don’t necessarily signal company-specific news. For more detail (exact post-transaction holdings or multiple sale tranches), review the full SEC Form 4 (Accession 0000950142-26-001668).