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Capri Holdings Ltd·4

Mar 11, 8:36 PM ET

Mehta Rajal 4

4 · Capri Holdings Ltd · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

Capri Holdings (CPRI) Interim CFO Mehta Receives RSU Award; Shares Withheld

What Happened

  • Rajal Mehta, Interim Chief Financial Officer of Capri Holdings (CPRI), had 3,235 restricted share units (RSUs vest) on January 2, 2026 and those RSUs were converted into common shares (transaction code M).
  • To cover tax withholding, the company withheld 1,363 of those shares at a per-share withholding value of $24.39, resulting in $33,244 withheld (transaction code F). Net shares delivered to Mehta were 3,235 − 1,363 = 1,872 shares (approximate net value ≈ $45,658 using the withholding price).
  • This was an RSU settlement (award vesting), not an open-market buy or sell; withholding for taxes is a routine administrative disposition.

Key Details

  • Transaction date: January 2, 2026. Withholding price used: $24.39 per share. Withheld value: $33,244.
  • Shares vested/converted: 3,235; Shares withheld for taxes: 1,363; Net shares received: 1,872 (approx. $45,658 at $24.39).
  • Relevant footnotes: F1 = RSUs settled into one share per vested RSU; F2 = shares withheld to satisfy tax withholding; F3 indicates these RSUs were granted Jan 2, 2025 under the company’s Omnibus Incentive Plan and vested per that schedule.
  • Shares owned after transaction: not specified in the provided summary — see the Form 4 filing for total post-transaction holdings.
  • Filing timeliness: Report filed Mar 11, 2026 for a Jan 2, 2026 transaction — flagged as late (L) relative to the typical Form 4 reporting window.

Context

  • This was a routine RSU vesting and partial share withholding to cover taxes (a common cashless settlement). The derivative/“M” entries reflect conversion/exercise/settlement of equity awards into underlying shares.
  • Such withholding transactions are administrative and do not necessarily signal a buy or sell decision about the company’s stock.

Insider Transaction Report

Form 4
Period: 2026-01-02
Capri Holdings LtdCPRI
Mehta Rajal
Interim CFO
Transactions
  • Exercise/Conversion

    Ordinary shares, no par value

    [F1]
    2026-01-02+3,235→ 3,976 total
  • Tax Payment

    Ordinary shares, no par value

    [F2]
    2026-01-02$24.39/sh−1,363$33,244→ 2,613 total
  • Exercise/Conversion

    Restricted share units

    [F3][F4]
    2026-01-02−3,235→ 6,469 total
    Exercise: $0.00→ Ordinary shares, no par value (3,235 underlying)
Holdings

  • Restricted share units

    [F5][F4]
    Exercise: $0.00→ Ordinary shares, no par value (28,736 underlying)
    28,736

  • Restricted share units

    [F6][F4]
    Exercise: $0.00→ Ordinary shares, no par value (2,716 underlying)
    2,716

  • Restricted share units

    [F7][F4]
    Exercise: $0.00→ Ordinary shares, no par value (4,687 underlying)
    4,687
Footnotes (7)
  • [F1]Represents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
  • [F2]Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
  • [F3]Granted on January 2, 2025 pursuant to the Capri Holdings Limited Omnibus Incentive Plan (as amended and restated, the "Incentive Plan"). The securities underlying the total number of RSUs originally granted vest 1/3 each year on January 2, 2026, 2027 and 2028, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
  • [F4]The RSUs do not expire.
  • [F5]Granted on June 16, 2025 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 1/3 each year on June 16, 2026, 2027 and 2028, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
  • [F6]Granted on June 15, 2023 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 25% each year on June 15, 2024, 2025, 2026 and 2027, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
  • [F7]Granted on June 17, 2024 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 25% each year on June 17, 2025, 2026, 2027 and 2028, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
Signature
/s/ Krista A. McDonough, as Attorney-in-Fact for Rajal Mehta|2026-03-11

Documents

1 file
  • 4
    ownership.xmlPrimary