Ralph Lauren (RL) Director Darren Walker Receives Restricted Stock Award

What Happened
Darren Walker, a director of Ralph Lauren Corporation (RL), was granted 458 restricted stock units (RSUs) on July 30, 2026. The Form 4 reports the grant as an award (code A); no per-share price or total dollar value was reported (N/A). This was a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: July 30, 2026; Form 4 filed August 3, 2026 (within the two-business-day filing window).
• Transaction type/code: Award (A) — 458 RSUs issued. Reported price/value: N/A.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • The RSUs were granted under the Issuer’s 2019 Long-Term Stock Incentive Plan and will vest on July 30, 2027, subject to Walker’s continued service through the 2027 Annual Meeting of Stockholders (F1).
  • The reported total reflects a deduction for cash paid in lieu of approximately 0.02 fractional shares related to prior RSU vesting (F2).

Context
RSU grants to directors are routine compensation and are neither purchases nor sales of stock. These units typically convert to shares (or cash in some cases) upon vesting if service conditions are met. The filing shows no immediate sale or exercise; it documents a future-compensatory award that vests in one year.