IDOL JOHN D 4
4 · Capri Holdings Ltd · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Capri Holdings (CPRI) CEO John Idol Buys 55,000 Shares
What Happened John D. Idol, Chairman & CEO (and director) of Capri Holdings Ltd. (CPRI), made an open-market purchase of 55,000 ordinary shares on March 11, 2026. The weighted-average price was $17.98 per share (price range $17.80–$18.07), for a total cash outlay of approximately $988,900. This was a purchase (insider buy), which investors often view as a demonstration of confidence in the company rather than evidence of guaranteed future performance.
Key Details
- Transaction date: 2026-03-11 (reported same day).
- Transaction type/code: Open-market purchase (P).
- Shares bought: 55,000 at a weighted-average price of $17.98; prices ranged $17.80–$18.07 (F1).
- Total value: ~ $988,900.
- Shares owned after transaction: Not specified in the provided filing details; the filing notes 54,600 ordinary shares are held by the Idol Family Foundation and are excluded from the reporting person’s pecuniary interest (F2).
- Notable footnotes: F1 explains the weighted-average price and availability of per-transaction price breakdown on SEC staff request; F2 clarifies Foundation-held shares; F3–F7 describe previously granted RSUs, vesting schedules, and settlement in ordinary shares.
- Timeliness: Filing and transaction date are the same (no late filing indicated).
Context The filing also references multiple outstanding restricted stock unit (RSU) grants from 2023–2025 with staged vesting schedules and settlement in ordinary shares (F3–F7). Those are unvested awards subject to future vesting conditions and do not change the nature of this open-market purchase. Purchases by executives are factual signals of personal investment but do not guarantee company performance.
Insider Transaction Report
- Purchase
Ordinary shares, no par value
[F1][F2]2026-03-11$17.98/sh+55,000$988,900→ 2,257,645 total
- 274,192
Restricted share units
[F3][F4][F5]Exercise: $0.00→ Ordinary shares, no par value (274,192 underlying) - 156,546
Restricted share units
[F6][F4][F5]Exercise: $0.00→ Ordinary shares, no par value (156,646 underlying) - 55,068
Restricted share units
[F7][F4][F5]Exercise: $0.00→ Ordinary shares, no par value (55,068 underlying)
Footnotes (7)
- [F1]The purchase price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions ranged from $17.80 to $18.07. Upon request of the staff of the SEC, the Company or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price.
- [F2]This amount excludes 54,600 ordinary shares, no par value, held by the Idol Family Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Idol Family Foundation but does not have a pecuinary interest in such shares.
- [F3]Granted on June 16, 2025 pursuant to the Capri Holdings Limited Amended and Restated Incentive Plan (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.
- [F4]The RSUs do not expire.
- [F5]Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- [F6]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.
- [F7]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.