Ralph Lauren (RL) COO Robert Ranftl Receives RSU Award; Shares Withheld

What Happened

• Robert P. Ranftl, Chief Operating Officer of Ralph Lauren Corporation (RL), was granted 2,904 restricted stock units (RSUs) on 2026-08-15. The grant is reported as an award (code A); no purchase price applies for the RSUs.
• To cover tax withholding related to the award, a total of 2,255 shares were disposed (reported as F): 913, 775 and 567 shares were withheld at $387.23 per share, totaling approximately $873,192. After withholding, 649 shares from this grant were delivered to Ranftl (2,904 granted − 2,255 withheld).

Key Details

• Transaction date: August 15, 2026; filing date: August 18, 2026 (timely filing).
• Withholding price: $387.23 per share; withholding amounts: $353,536 (913 sh), $300,099 (775 sh), $219,557 (567 sh); total ≈ $873,192.
• Grant specifics: 2,904 RSUs granted; RSUs vest in three equal annual installments beginning August 15, 2027 (footnote F1).
• Footnote F2: An additional 542 shares were reported as withheld on a prior Form 4 (filed June 4, 2025) but were not ultimately withheld; the filing flags that prior withholding report as not executed.
• Shares owned after the transaction are not specified in this filing.

Context

• This is an award of restricted stock units, not a market purchase or sale by choice. The disposals reported (code F) represent shares withheld to satisfy tax obligations — a common, routine post-grant net settlement, not necessarily an independent sell decision.
• For retail investors: RSU grants increase potential future insider exposure to the stock when they vest; the withholding here simply reflects tax settlement on the grant.