BENNACK FRANK A JR 4

What Happened Frank A. Bennack Jr., a director of Ralph Lauren Corporation (RL), was granted/received 1.49 restricted stock units (RSUs) on 2026-07-10. The Form 4 reports the acquisition as 1.49 shares at a price of $0.00 (transaction code A), reflecting dividend-related RSUs rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-07-10; reported on Form 4 filed 2026-07-14 (timely filing).
• Transaction type/code: Award/other acquisition (A); 1.49 RSUs acquired at $0.00 per share.
• Consideration: No cash paid — RSUs recorded at $0.00 as dividend equivalents.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The RSUs represent dividend-equivalent restricted stock units payable in Class A common stock, issued in respect of previously granted RSUs under the Issuer’s 2019 Long-Term Stock Incentive Plan.

Context These are small, dividend-related RSUs credited to a director and are administrative in nature (not a market purchase or sale). Such dividend-equivalent awards are routine and do not by themselves indicate a change in insider sentiment.