Tapestry CEO Todd Kahn Withholds 1,955 Shares for Taxes

What Happened
Todd Kahn, CEO and Brand President of Coach (Tapestry, Inc.), had 1,955 shares withheld to satisfy tax obligations upon vesting of restricted stock units. The withholding was executed at $131.72 per share, totaling $257,513. This was a tax-withholding disposition (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-08-19; Filing date: 2026-08-20 (accession 0001225208-26-007255).
• Price per share: $131.72; Shares withheld/disposed: 1,955; Total value: $257,513.
• 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 (tax-withholding, code F).
• Timeliness: Filed the next day; no late-filing flag indicated.

Context
Tax withholding on vested RSUs is a routine administrative transaction that reduces the insider's share count to cover payroll/tax liabilities and does not necessarily indicate a buy or sell decision about the company. For investors, purchases and open-market sales tend to be more informative about insider sentiment than tax withholding events.