Capri Holdings Ltd·4

Jun 17, 9:45 PM ET

Reddien Tyler Charles 4

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Capri Holdings (CPRI) EVP/CFO Reddien Receives RSU Award

What Happened
Reddien Tyler Charles (EVP, CFO & COO) was granted 35,596 restricted stock units (RSUs) on June 15, 2026. The award is reported at $0.00 per unit (an equity grant, not a purchase or sale). The RSUs are derivative awards that will settle into ordinary shares if and when they vest; there were no proceeds or sales associated with this filing.

Key Details

  • Transaction date and type: 2026-06-15 — Grant/Award of 35,596 RSUs (reported on Form 4 filed 2026-06-17). Price per unit: $0.00.
  • Vesting: Units vest 1/3 each year on June 15, 2027, 2028 and 2029, subject to continued employment (with exceptions for death, permanent disability or retirement eligibility).
  • Settlement: Each vested RSU converts to one ordinary share (1:1).
  • Expiration: The RSUs do not expire.
  • Shares owned after transaction: Not disclosed in the filing.
  • Filing timeliness: Form 4 was filed 2026-06-17 for the 2026-06-15 grant — appears to be timely (no late filing indicated).
  • Footnotes: Award made under the Capri Holdings Amended & Restated Omnibus Incentive Plan; see F1–F3 in filing for vesting, no-expiration and 1:1 settlement details.

Context
RSUs are a common form of executive compensation and represent a future right to receive shares if vesting conditions are met. This grant is not an indication of an open‑market purchase or sale and does not generate immediate trading proceeds; the economic value will depend on Capri Holdings’ share price at vesting.