Madrigal Matthew 4

What Happened Matthew Madrigal, a director of Tapestry, Inc. (TPR), was granted 1,392 restricted stock units (RSUs) on April 6, 2026. The grant is reported at a per-share price of $143.70, for a total reported value of $200,030. This was an award/grant (transaction code A) issued under the company’s Stock Incentive Plan and is unvested.

Key Details

• Transaction date: 2026-04-06; Filing date: 2026-04-06 (timely).
• Grant: 1,392 RSUs at $143.70 per share; total value $200,030.
• Vesting: These RSUs are unvested and will vest on April 6, 2027 (footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notes: Award issued under the Issuer’s Stock Incentive Plan. Exhibit 24 (Power of Attorney) attached for Matthew Madrigal.

Context This was a compensation grant (an award of unvested RSUs), not an open-market purchase or sale. Such grants are routine for executives and directors as part of long-term incentive compensation; they only convert to tradable shares if and when they vest.