Capri (CPRI) Director Jean Tomlin Receives RSU Award; Net 8,426 Shares

What Happened
Jean Tomlin, a director of Capri Holdings Ltd (CPRI), received a grant of 11,055 restricted share units (RSUs) and had RSUs settle into ordinary shares on July 29, 2026. As reported, 8,426 shares were issued to Tomlin upon conversion/settlement of RSUs and 3,961 shares were withheld by the company to satisfy tax-withholding obligations at $15.83 per share, totaling $62,703. There was no cash exercise price paid for the settled RSUs.

Key Details

• Transaction date: July 29, 2026 (Form 4 filed July 31, 2026). Filing appears timely.
• Issued/Acquired: 8,426 ordinary shares via RSU conversion (derivative code M).
• Withheld/Disposed for taxes: 3,961 shares at $15.83 per share = $62,703 (code F).
• New award: 11,055 RSUs granted (code A) — granted under the Capri Holdings Omnibus Incentive Plan.
• Footnotes: RSUs convert one-for-one to ordinary shares on vesting; shares withheld were to cover tax withholding; RSUs do not expire; settlement is one ordinary share per vested RSU; vesting rules: earliest of one-year anniversary (July 29, 2027) or next year’s annual meeting, with pro‑rata vesting on early termination and full vesting on death/disability.
• Shares owned after transaction: not disclosed in the supplied data.

Context: This was not an open-market purchase or sale for investment gain; the activity reflects RSU settlement and a contemporaneous tax-withholding (a routine, administrative disposition). The grant of 11,055 RSUs is a compensation award subject to the vesting schedule described above.