Ralph Lauren (RL) Director Debra Cupp Receives Award

What Happened
Debra S. Cupp, a director of Ralph Lauren Corp (RL), was granted 458 restricted stock units (RSUs) on July 30, 2026 (transaction coded "A" for award). The filing lists the number of RSUs acquired but does not report a per-share price or total dollar value. These RSUs will vest on July 30, 2027, subject to Cupp’s continued service through the 2027 Annual Meeting of Stockholders.

Key Details

• Transaction date: July 30, 2026 (Form 4 filed August 3, 2026 — within the normal 2-business-day filing window).
• Security: Class A Common Stock issued as restricted stock units (458 RSUs). Price/value: Not reported (N/A) in filing.
• Shares owned after the transaction: Not specified in this filing.
• Footnotes:
  • F1: RSUs granted under the 2019 Long-Term Stock Incentive Plan; vest on July 30, 2027, subject to continued service through the 2027 Annual Meeting.
  • F2: The total reflects a deduction for cash paid in lieu of ~0.02 fractional shares upon vesting of previously granted RSUs (tax/rounding adjustment).
• Filing timeliness: Filed August 3, 2026; appears timely (within the SEC’s 2-business-day Form 4 deadline).

Context
RSU awards are a form of compensation, not an open-market purchase or sale, and typically vest over time subject to service or performance conditions. Because these shares are unvested and no sale or purchase occurred, the grant itself should not be read as an immediate buy or sell signal. The small fractional-share cash deduction noted is a routine administrative/tax-related adjustment.