TPR (Tapestry) VP/Controller Manesh Dadlani Withholds 882 Shares for Taxes

What Happened
Manesh Dadlani, VP, Controller and Principal Accounting Officer of Tapestry, had 882 shares withheld on 2026-08-19 to cover tax withholding related to the vesting of restricted stock units. The withholding was reported as a disposition at $131.72 per share for a total value of $116,177. This is a tax-withholding event tied to an award vesting, not an open-market sale.

Key Details

• Transaction date: 2026-08-19; filing date (Form 4): 2026-08-20 (timely filing).
• Price per share: $131.72; total value: $116,177.
• Shares withheld: 882 (transaction code F — tax withholding).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Shares were withheld to pay taxes in connection with the vesting of restricted stock units (F1).
• This is a routine tax-withholding disposition and does not necessarily indicate a change in insider sentiment.

Context
Tax-withholding events occur when companies retain shares from vested awards to satisfy tax obligations; they are administrative and common for executives receiving RSUs. Unlike open-market sales, these withholdings generally reflect the tax obligation rather than a decision to liquidate holdings.