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Capri Holdings Ltd·4

Jun 17, 9:40 PM ET

Hendricks Jenna 4

4 · Capri Holdings Ltd · Filed Jun 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Capri (CPRI) Jenna Hendricks, Chief People Officer Receives RSUs

What Happened

  • Jenna Hendricks, Chief People Officer of Capri Holdings (CPRI), had multiple restricted share units (RSUs) and performance-based RSUs settle in mid‑June 2026. A total of 90,638 shares were issued upon vesting/settlement. To cover tax withholding obligations, the company withheld 31,752 shares (total withholding value ≈ $657,343), leaving Hendricks with a net issuance of roughly 58,886 shares.
  • The transactions include conversions/exercises of derivatives (reported with code M) and share-withholdings to satisfy tax obligations (reported with code F). These were vesting/settlement events (awards converted to ordinary shares), not open‑market purchases or voluntary sales — a routine award settlement rather than a market-timing trade.

Key Details

  • Transaction dates and amounts:
    • 2026-06-15: Converted/settled 16,564 and 5,941 RSUs; 9,160 and 3,286 shares withheld at $21.06 (withheld value $192,910 and $69,203).
    • 2026-06-16: Converted/settled 25,144 RSUs; 13,905 shares withheld at $20.76 (withheld value $288,668).
    • 2026-06-17: Converted/settled 9,766 RSUs; 5,401 shares withheld at $19.73 (withheld value $106,562).
    • Also reported: a grant/award settlement of 33,223 shares (June 15, 2026 award/settlement entries).
  • Totals: 90,638 shares issued on settlement; 31,752 shares withheld for taxes; withheld value ≈ $657,343; net shares issued ≈ 58,886.
  • Footnotes of note:
    • F2: Shares were withheld to cover tax withholding obligations.
    • F3–F6, F9: Describe different RSU grants/vesting schedules (including a performance‑based award granted June 15, 2023 that vested June 15, 2026).
    • F7/F8: RSUs do not expire and are settled one-for-one into ordinary shares.
  • Filing timeliness: Form 4 was filed June 17, 2026 covering vesting activity beginning June 15, 2026; this appears to be a timely filing of standard vesting transactions.
  • Shares owned after transaction: not provided in the supplied data — see the form 4 for full holding details.

Context

  • These were award settlements/RSU conversions (derivative exercises) followed by company withholding to meet tax obligations — effectively a cashless net settlement. Such transactions reflect compensation vesting and tax obligations, not an insider buying or selling in the open market; they don’t by themselves indicate the insider’s view on the stock.

Insider Transaction Report

Form 4
Period: 2026-06-15
Capri Holdings LtdCPRI
Hendricks Jenna
Chief People Officer
Transactions
  • Exercise/Conversion

    Ordinary shares, no par value

    [F3]
    2026-06-15+16,564→ 92,812 total
  • Tax Payment

    Ordinary shares, no par value

    [F2]
    2026-06-15$21.06/sh−9,160$192,910→ 83,652 total
  • Exercise/Conversion

    Ordinary shares, no par value

    [F1]
    2026-06-15+5,941→ 89,593 total
  • Tax Payment

    Ordinary shares, no par value

    [F2]
    2026-06-15$21.06/sh−3,286$69,203→ 86,307 total
  • Exercise/Conversion

    Ordinary shares, no par value

    [F1]
    2026-06-16+25,144→ 111,451 total
  • Tax Payment

    Ordinary shares, no par value

    [F2]
    2026-06-16$20.76/sh−13,905$288,668→ 97,546 total
  • Exercise/Conversion

    Ordinary shares, no par value

    [F1]
    2026-06-17+9,766→ 107,312 total
  • Tax Payment

    Ordinary shares, no par value

    [F2]
    2026-06-17$19.73/sh−5,401$106,562→ 101,911 total
  • Exercise/Conversion

    Restricted share units

    [F3][F7][F8]
    2026-06-15−16,564→ 0 total
    Exercise: $0.00From: 2026-06-15→ Ordinary shares, no par value (16,564 underlying)
  • Exercise/Conversion

    Restricted share units

    [F1][F4][F7][F8]
    2026-06-15−5,941→ 5,941 total
    Exercise: $0.00From: 2026-06-15→ Ordinary shares, no par value (5,941 underlying)
  • Award

    Restricted share units

    [F9][F7][F8]
    2026-06-15+33,223→ 33,223 total
    Exercise: $0.00From: 2027-06-15→ Ordinary shares, no par value (33,223 underlying)
  • Exercise/Conversion

    Restricted share units

    [F1][F5][F7][F8]
    2026-06-16−25,144→ 50,287 total
    Exercise: $0.00From: 2026-06-16→ Ordinary shares, no par value (25,144 underlying)
  • Exercise/Conversion

    Restricted share units

    [F1][F6][F7][F8]
    2026-06-17−9,766→ 19,531 total
    Exercise: $0.00From: 2026-06-17→ Ordinary shares, no par value (9,766 underlying)
Footnotes (9)
  • [F1]Represents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
  • [F2]Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
  • [F3]Represents the settlement of a performance-based restricted share unit award granted on June 15, 2023 under the Incentive Plan that was earned based on achievement of the applicable performance conditions over three separate annual measurement periods (fiscal 2024, fiscal 2025 and fiscal 2026) and vested on June 15, 2026, subject to the grantee's continued employment through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible within the meaning of the award agreement. Each earned unit settled into one ordinary share.
  • [F4]Granted on June 15, 2023 pursuant to the Capri Holdings Limited Omnibus Incentive Plan (as amended and restated, the "Incentive Plan"). The securities underlying the total number of RSUs originally granted vest 25% each year on June 15, 2024, 2025, 2026 and 2027, respectively, subject to the grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible within the meaning of the award agreement.
  • [F5]Granted on June 16, 2025 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 1/3 each year on June 16, 2026, 2027 and 2028, respectively, subject to the same continued-employment and acceleration provisions described in the June 15, 2023 grant footnote.
  • [F6]Granted on June 17, 2024 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 25% each year on June 17, 2025, 2026, 2027 and 2028, respectively, subject to the same continued-employment and acceleration provisions described in the June 15, 2023 grant footnote.
  • [F7]The RSUs do not expire.
  • [F8]Settlement of this award will be satisfied through the issuance of one ordinary share for each vested unit.
  • [F9]Granted on June 15, 2026 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 1/3 each year on June 15, 2027, 2028 and 2029, respectively, subject to the grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible within the meaning of the award agreement.
Signature
/s/ Krista A. McDonough, as Attorney-in-Fact for Jenna Hendricks|2026-06-17

Documents

1 file
  • 4
    es260795766_4-hendricks.xmlPrimary

    OWNERSHIP DOCUMENT