Tapestry (TPR) CEO Joanne Crevoiserat Receives 62,794-Share Award

What Happened

• Joanne C. Crevoiserat, CEO of Tapestry, was granted 62,794 derivative securities on August 17, 2026. The award is recorded at $0.00 per share (no cash paid) and will convert on a 1-for-1 basis into common stock under the issuer’s Stock Incentive Plan. This is a compensation grant (not a market purchase or sale).

Key Details

• Transaction date: 2026-08-17; reported on an amended Form 4 filed 2026-09-03.
• Transaction type/code: A = Award/Grant (derivative securities converting 1-for-1 to common stock).
• Grant size and price: 62,794 shares @ $0.00 (no cash exchanged).
• Vesting: Service-based vesting in four equal annual installments — first tranche vests 08/17/2027, then annually through 08/17/2030 (F4).
• Adjustment note: The number was adjusted to correct a calculation error in a previously timely filed Form 4 (F3).
• Source/plan: Issued under the issuer’s Stock Incentive Plan (F1, F2).
• Shares owned after transaction: Not specified in the provided filing excerpt; see the full SEC Form 4 for total beneficial ownership.

Context

• This is a standard executive compensation grant (derivative award that converts to common shares over time). Such awards are routine for executives and reflect compensation practices rather than open-market buying or selling. The amended filing corrects the previously reported award size; consult the SEC filing for full details and any changes to previously reported ownership.