Ralph Lauren (RL) Director Conde Cesar Receives 458-Share Award
$RL · RALPH LAUREN CORPResearch Summary
AI-generated summary of this SEC filing
Ralph Lauren (RL) Director Conde Cesar Receives 458-Share Award
What Happened
Conde Cesar, a director of Ralph Lauren Corporation (RL), received an award of 458 restricted stock units (RSUs) on July 30, 2026. The filing lists the transaction as an award/grant (code A); no purchase price or cash value is provided in the report (price = N/A). The RSUs are set to vest on July 30, 2027, subject to the Reporting Person’s continued service through the 2027 Annual Meeting of Stockholders.
Key Details
- Transaction date: 2026-07-30; filing date: 2026-08-03 (period of report 2026-07-30).
- Shares granted: 458 RSUs; price listed as N/A (award, not an open-market purchase/sale).
- Vesting: These RSUs vest on July 30, 2027, contingent on continued service through the 2027 Annual Meeting (see footnote F1).
- Shares owned after transaction: not disclosed in the provided data.
- Filing timeliness: no late-filing flag indicated in the provided information.
- Footnote F1: Confirms the award are RSUs under the 2019 Long-Term Stock Incentive Plan with the vesting condition noted above.
Context
RSUs are a grant of future shares that typically convert to shares only after vesting and can be forfeited if service conditions aren’t met; this award does not represent an immediate cash transaction or open-market trade. Grants to directors are common as part of compensation and do not by themselves indicate buying or selling sentiment.