Form 4: Darren Walker Acquires Additional Ralph Lauren Stock Units Through Dividend Payment

Director Darren Walker acquired additional Ralph Lauren Class A Common Stock units due to a dividend payment on previously granted restricted stock units.

Summary

• On July 12, 2024, Darren Walker, a director of Ralph Lauren Corporation, acquired 5.91 shares of Class A Common Stock.
• This acquisition was a result of a cash dividend payment on previously granted restricted stock units under the Issuer's 2019 Long-Term Stock Incentive Plan.
• The price per share was $0.
• Following the transaction, Walker beneficially owns 6,456.8 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting a standard transaction related to executive compensation and dividend payments.

Industry Context

This filing is a routine disclosure of a director's stock ownership change, which is common in publicly traded companies. It reflects compensation practices involving stock-based awards and dividend equivalents.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine stock acquisition by a director due to dividend payments on existing stock units.

Key Dates