Form 4: Debra S. Cupp Reports Acquisition of Ralph Lauren Corp Class A Common Stock
SEC Form 4 Filing
Director Debra S. Cupp reports acquisition of 3.41 shares of Ralph Lauren Corp Class A Common Stock due to dividend payment on restricted stock units.
Summary
- Debra S. Cupp, a director of Ralph Lauren Corporation, filed a Form 4 on January 14, 2025, reporting a transaction that occurred on January 10, 2025.
- The transaction involved the acquisition of 3.41 shares of Class A Common Stock.
- These shares were acquired as a result of the payment of a cash dividend on the Issuer's Class A Common Stock related to previously granted restricted stock units under the company's 2019 Long-Term Stock Incentive Plan.
- Following the transaction, Cupp directly owns 3,980.47 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider stock transactions, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend payments.
Key Dates
| Date | Description |
|---|---|
| 01/10/2025 | Date of transaction: Acquisition of Class A Common Stock due to dividend payment. |
| 01/14/2025 | Date of Form 4 filing. |
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