Form 4: Capri Holdings Director Jean Tomlin Reports Share Disposals Following RSU Vesting
SEC Form 4 Filing
Director Jean Tomlin reports disposals of Capri Holdings shares to cover tax obligations and conversions of restricted share units into ordinary shares.
Summary
- On August 2, 2024, Director Jean Tomlin reported transactions involving Capri Holdings Ltd [CPRI] ordinary shares.
- Tomlin converted 3,036 restricted share units (RSUs) into ordinary shares.
- 2,285 shares were disposed of at a price of $33.2 to cover tax withholding obligations upon vesting of the RSUs.
- Following these transactions, Tomlin beneficially owns 24,848 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily indicate a change in the company's outlook or performance.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of RSU conversion and share disposal |
| 08/06/2024 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.