Form 4: David Lauren Reports Changes in Beneficial Ownership of Ralph Lauren Corp Stock
SEC Form 4 Filing
David Lauren, Vice Chair and Chief Innovation Officer of Ralph Lauren Corporation, reports acquisition and disposal of Class A Common Stock due to vesting of performance-based stock units.
Summary
- David Lauren, a director and officer of Ralph Lauren Corporation, filed a Form 4 detailing changes in his beneficial ownership of the company's Class A Common Stock.
- On June 3, 2024, Lauren acquired 2,445 shares and 1,456 shares of Class A Common Stock due to the vesting of performance-based stock units under the company's 2019 Long-Term Stock Incentive Plan.
- On the same day, Lauren disposed of 986 shares and 587 shares of Class A Common Stock at a price of $185.635 per share.
- Following these transactions, Lauren directly owns 43,797 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transactions: acquisition and disposal of Class A Common Stock. |
| 06/05/2024 | Date of signature for the report. |
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