4/A: Capri Holdings Director Mahesh Madhavan Reports Share Disposal Following RSU Conversion
SEC Form 4/A
Director Mahesh Madhavan of Capri Holdings reports disposing of 4,861 ordinary shares following the conversion of restricted share units (RSUs) on August 2, 2024.
Summary
- On August 2, 2024, Mahesh Madhavan, a director of Capri Holdings, disposed of 4,861 ordinary shares.
- This transaction occurred due to the conversion of restricted share units (RSUs) into ordinary shares on a one-for-one basis.
- Following the reported transaction, Madhavan directly owns 5,924 ordinary shares.
- The RSUs do not expire and are settled through the issuance of one ordinary share for each vested RSU.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a director's share transactions, indicating a neutral sentiment.
Industry Context
This 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 transaction has a minimal impact on shareholders as it is a routine conversion of RSUs.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of transaction: RSU conversion and share disposal. |
| 08/06/2024 | Date of Form 4/A filing. |
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