Ralph Lauren (RL) Director George Michael Receives Award
$RL · RALPH LAUREN CORPResearch Summary
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Ralph Lauren (RL) Director George Michael Receives Award
What happened George Michael A, a director of Ralph Lauren Corporation (RL), received a grant of 458 restricted stock units (RSUs) on July 30, 2026 under the company's 2019 Long‑Term Stock Incentive Plan. The grant is reported as an award (no purchase price was reported). These RSUs convert to Class A common stock upon vesting; the units will vest on July 30, 2027 subject to Mr. Michael’s continued service through the 2027 Annual Meeting of Stockholders.
Key details
- Transaction date: 2026-07-30; SEC filing date: 2026-08-03 (Form 4, Accession 0000950142-26-002258).
- Transaction type/code: Award/Grant (A). Shares granted: 458 RSUs; price: N/A (award).
- Shares owned after transaction: not disclosed on the Form 4.
- Footnotes: F1 — RSUs issued under the 2019 Long‑Term Stock Incentive Plan, vest 7/30/2027 subject to continued service. F2 — the total reflects a deduction for cash paid in lieu of ~0.02 fractional shares from prior RSU vesting.
- No indication in the filing of an option exercise, open‑market trade, or 10b5‑1 sale plan.
Context RSUs are a form of compensation and typically vest over time; they are not an outright market purchase or sale. Because these RSUs vest only if Mr. Michael remains in service through the 2027 Annual Meeting, they represent future potential stock delivery rather than an immediate change in market exposure. To estimate the grant’s dollar value, multiply 458 by RL’s share price on or around the grant date.