Mehta Rajal 4

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.