Form 4: Capri Holdings Director Stephen F. Reitman Reports Share Transactions
SEC Form 4 Filing
Director Stephen F. Reitman reported the conversion of restricted share units into ordinary shares and the withholding of shares for tax obligations.
Summary
- On August 2, 2024, Stephen F. Reitman, a director of Capri Holdings Ltd, reported transactions involving the company's ordinary shares.
- Reitman converted 4,861 restricted share units (RSUs) into ordinary shares.
- The company withheld 2,592 shares to cover tax withholding obligations related to the vesting of the RSUs at a price of $33.2.
- Following these transactions, Reitman directly owns 15,715 ordinary shares.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for directors and officers to report such changes in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of transactions: conversion of restricted share units and withholding of shares for tax obligations. |
| 08/06/2024 | Date of signature on the Form 4 filing. |
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