Walker Darren 4

What Happened
Darren Walker, a director of Ralph Lauren Corporation, was granted 1.49 shares via a restricted stock unit (RSU) award on July 10, 2026. The shares were issued at $0.00 (no cash paid by the reporting person) and are reported as an acquisition under Form 4 (transaction code A). This was an award (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-07-10; Filed with the SEC: 2026-07-14 (filed within the typical two-business-day window).
• Amount: 1.49 shares acquired at $0.00 (no cash consideration).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote (F1): These RSUs represent dividend-equivalent units payable in Class A common stock and relate to RSUs previously granted under the Issuer’s 2019 Long-Term Stock Incentive Plan.
• Transaction type: A = Award/Grant (dividend-equivalent RSUs), not a purchase or sale.

Context
Dividend-equivalent RSUs are commonly issued to mirror cash dividend payments for holders of prior RSU awards and are typically administrative/non-cash in nature. The small size of this award (1.49 shares) suggests it is a routine dividend-equivalent issuance rather than a directional insider buy or sell. Such awards do not by themselves indicate management’s view on the stock’s near-term prospects.