Ralph Lauren (RL) Director George Michael A Receives Award of 1.49 Shares

What Happened

• George Michael A, a director of Ralph Lauren Corporation (RL), was credited with 1.49 shares on 2026-07-10 as an award (transaction code A). The shares were recorded at $0.00 (no cash paid). This award represents restricted stock units (RSUs) that are payable in shares.

Key Details

• Transaction date: 2026-07-10. Form 4 filed: 2026-07-14 (appears to be more than two business days after the transaction).
• Price: $0.00 per share (no cash exchanged).
• Shares received: 1.49 shares (via RSU conversion/dividend equivalency).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: The award (F1) represents RSUs payable as a result of the payment of a cash dividend; these RSUs are payable solely in Class A common stock and relate to RSUs previously granted under the Issuer's 2019 Long‑Term Stock Incentive Plan.
• Transaction type: Award/grant (not a purchase or sale) — generally not a direct market sentiment signal.

Context

• This was a dividend-equivalent issuance of previously granted RSUs converted into shares; no options were exercised and no shares were sold. Such dividend-related RSU payments are routine compensation or dividend-related adjustments rather than active buy/sell trading by the insider.
• Filing timing: Because the Form 4 was filed four days after the reported transaction date, it may be considered late relative to the usual two-business-day reporting requirement for insiders.