Ralph Lauren (RL) Director Angela Ahrendts Receives 1.49 RSUs

What Happened

• Angela J. Ahrendts, a director of Ralph Lauren Corp (RL), received 1.49 restricted stock units (RSUs) on July 10, 2026. The Form 4 records the acquisition as an award/grant (code A) at a reported price of $0.00, so the transaction shows $0 cash paid and $0 reported purchase value.
• These units are dividend-equivalent RSUs tied to previously granted RSUs under the company's 2019 Long-Term Stock Incentive Plan and will be paid solely in shares of Class A common stock (see footnote).

Key Details

• Transaction date: 2026-07-10; Filing date: 2026-07-14 (filed within the SEC two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 1.49 RSUs; reported acquisition price: $0.00; reported cash value: $0.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: The RSUs represent dividend-equivalents payable in shares for RSUs previously granted under the 2019 Long-Term Stock Incentive Plan.
• Timeliness: Filing appears timely (filed within two business days of the transaction).

Context

• This is a routine issuance of dividend-equivalent RSUs rather than an open-market purchase or sale; such awards are typically a corporate compensation/dividend-processing event and do not by themselves signal a buy or sell decision by the insider.