Capri Holdings Ltd·4

Jun 17, 9:41 PM ET

IDOL JOHN D 4

4 · Capri Holdings Ltd · Filed Jun 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Capri Holdings (CPRI) CEO John Idol Receives 251,566 RSU Shares

What Happened

  • John D. Idol, Chairman & CEO of Capri Holdings (CPRI), had restricted stock units (RSUs) convert into ordinary shares between June 15–17, 2026. A total of 251,566 shares were issued to him at $0 exercise price (derivative conversions/settlements).
  • To satisfy tax-withholding obligations, the company withheld and disposed of 124,405 of those shares at per-share prices ranging from $19.73 to $21.06, resulting in cash proceeds of approximately $2,572,816. The filing also reports a grant/settlement of 166,113 shares tied to performance-based RSUs that vested.

Key Details

  • Transaction dates and prices: June 15–17, 2026; withheld-share prices reported at $21.06, $20.76 and $19.73 per share.
  • Shares issued (vested/converted): 251,566 shares (total of listed M/A entries).
  • Shares withheld/disposed for taxes: 124,405 shares; cash value ≈ $2.57M.
  • Notable footnotes: F3 = performance-based RSUs granted June 15, 2023 that vested June 15, 2026; F2 = shares withheld to cover tax obligations; F10/F11 = some shares are held in a GRAT and the Idol Family Foundation (beneficial-ownership notes).
  • Filing timeliness: Reported period June 15, 2026 and filed June 17, 2026 — filed within the normal Form 4 reporting window.

Context

  • Code meanings: M = exercise/conversion of a derivative (here, conversion/settlement of RSUs into ordinary shares); F = shares withheld/disposed to cover tax withholdings; A = grant/award (performance RSU settlement).
  • This activity reflects RSU vesting and routine tax withholding (a common administrative event), not an open-market sale for investment purposes. It should not be read as a directional buy/sell signal by itself.
  • For retail investors: vested-unit settlements and tax-withholding are standard for executives receiving equity compensation; purchases (open-market buys) generally carry more weight when inferring insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-06-15
IDOL JOHN D
DirectorChairman & CEO
Transactions
  • Exercise/Conversion

    Ordinary shares, no par value

    [F3][F11]
    2026-06-15+80,4521,338,097 total
  • Tax Payment

    Ordinary shares, no par value

    [F2][F11]
    2026-06-15$21.06/sh41,071$864,9551,297,026 total
  • Exercise/Conversion

    Ordinary shares, no par value

    [F1][F11]
    2026-06-15+27,5341,324,560 total
  • Tax Payment

    Ordinary shares, no par value

    [F2][F11]
    2026-06-15$21.06/sh13,410$282,4151,311,150 total
  • Exercise/Conversion

    Ordinary shares, no par value

    [F1]
    2026-06-16+91,3981,402,548 total
  • Tax Payment

    Ordinary shares, no par value

    [F2]
    2026-06-16$20.76/sh44,511$924,0481,358,037 total
  • Exercise/Conversion

    Ordinary shares, no par value

    [F1]
    2026-06-17+52,1821,410,219 total
  • Tax Payment

    Ordinary shares, no par value

    [F2]
    2026-06-17$19.73/sh25,413$501,3981,384,806 total
  • Exercise/Conversion

    Restricted share units

    [F3][F7][F8]
    2026-06-1580,4520 total
    Exercise: $0.00From: 2026-06-15Ordinary shares, no par value (80,452 underlying)
  • Exercise/Conversion

    Restricted share units

    [F1][F4][F7][F8]
    2026-06-1527,53427,534 total
    Exercise: $0.00From: 2026-06-15Ordinary shares, no par value (27,534 underlying)
  • Award

    Restricted share units

    [F9][F7][F8]
    2026-06-15+166,113166,113 total
    Exercise: $0.00From: 2027-06-15Ordinary shares, no par value (166,113 underlying)
  • Exercise/Conversion

    Restricted share units

    [F1][F5][F7][F8]
    2026-06-1691,398182,794 total
    Exercise: $0.00From: 2026-06-16Ordinary shares, no par value (91,398 underlying)
  • Exercise/Conversion

    Restricted share units

    [F1][F6][F7][F8]
    2026-06-1752,182104,364 total
    Exercise: $0.00From: 2026-06-17Ordinary shares, no par value (52,182 underlying)
Holdings
  • Ordinary shares, no par value

    [F10][F11]
    (indirect: Held by John D. Idol 2026 GRAT)
    1,000,000
Footnotes (11)
  • [F1]Represents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
  • [F10]Reflects ordinary shares held by the John D. Idol 2026 GRAT, a grantor retained annuity trust for the benefit of Mr. Idol's children of which Mr. Idol is the grantor but not the trustee. As grantor, Mr. Idol retains a pecuniary interest in the GRAT and may be deemed to beneficially own the ordinary shares it holds.
  • [F11]The amounts reported exclude 54,600 ordinary shares held by the Idol Family Foundation. The reporting person may be deemed to beneficially own such shares but does not have a pecuniary interest in them and disclaims beneficial ownership.
  • [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 John D. Idol|2026-06-17

Documents

1 file
  • 4
    es260795767_4-idol.xmlPrimary

    OWNERSHIP DOCUMENT