Ralph Lauren (RL) Director Angela Ahrendts Receives Restricted Stock Award
$RL · RALPH LAUREN CORPResearch Summary
AI-generated summary of this SEC filing
Ralph Lauren (RL) Director Angela Ahrendts Receives Restricted Stock Award
What Happened
Angela J. Ahrendts, a director of Ralph Lauren Corporation (RL), received an award of 458 restricted stock units (RSUs) on July 30, 2026 under the Issuer’s 2019 Long-Term Stock Incentive Plan (transaction code A). No per-share price or immediate cash value is reported (N/A). These RSUs will vest on July 30, 2027, subject to Ahrendts’ continued service through the 2027 Annual Meeting of Stockholders.
Key Details
- Transaction date: 2026-07-30 (Form filed 2026-08-03). The filing date is after the transaction date and appears later than the typical 2-business-day Form 4 reporting window.
- Transaction type/code: Award/Grant (A) of 458 RSUs; price reported as N/A (compensation award, not an open-market trade).
- Vesting: RSUs vest on 2027-07-30, conditioned on continued service through the 2027 Annual Meeting. (Footnote F1)
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnote about fractional shares: The total reflects a deduction for cash paid in lieu of approximately 0.02 fractional shares upon vesting of previously granted RSUs. (Footnote F2)
Context
RSU grants are a form of equity compensation and do not represent an immediate purchase or sale of stock — they typically indicate compensation or retention incentives rather than a direct bullish or bearish trading signal. Because these awards vest in the future and are subject to service conditions, there was no immediate change in free-floating shares available for trading.