Capri Holdings (CPRI) EVP/CFO Tyler Reddien Receives RSU Award
$CPRI · Capri Holdings LtdResearch Summary
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Capri Holdings (CPRI) EVP/CFO Tyler Reddien Receives RSU Award
What Happened
Reddien Tyler Charles, EVP, CFO & COO of Capri Holdings Ltd (CPRI), received a grant of 35,613 restricted share units (RSUs) dated June 15, 2026. The award is reported at $0.00 per unit (derivative award); economic value will depend on Capri’s share price at vesting. The RSUs vest one‑third each year on June 15, 2027, 2028 and 2029 and will be settled by issuance of one ordinary share per vested unit.
Key Details
- Transaction date: June 15, 2026; this Form 4 is an amendment filed August 19, 2026 to correct the RSU count (originally reported as 35,596 RSUs).
- Transaction code: A (Award/Grant); amount: 35,613 RSUs; reported price: $0.00.
- Vesting: 1/3 each year on June 15 of 2027, 2028 and 2029; RSUs do not expire; settlement in ordinary shares.
- Shares owned after transaction: not specified in the provided filing extract.
- Filing note: Amendment corrects an administrative error; original Form 4 was filed June 17, 2026 (timely).
Context
RSUs are a time‑based equity award, not an open‑market purchase or sale. They do not immediately change market exposure until they vest and are settled into shares; tax withholding or other settlement mechanics may apply (not detailed in the excerpt). This amendment solely corrects the quantity granted.