Form 4: Frank A. Bennack Jr. Reports Acquisition of Ralph Lauren Corp Class A Common Stock
SEC Form 4 Filing
Frank A. Bennack Jr., a director of Ralph Lauren Corporation, reported the acquisition of Class A Common Stock due to dividend payments on previously granted restricted stock units.
Summary
- On April 11, 2025, Frank A. Bennack Jr., a director of Ralph Lauren Corporation, acquired 4.21 shares of Class A Common Stock.
- The acquisition was a result of the payment of a cash dividend on the Issuer's Class A Common Stock.
- These shares were issued in respect of restricted stock units previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan.
- Following the transaction, Bennack directly owns 31,842.68 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing an insider transaction related to dividend payments on restricted stock units. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It reflects the compensation structure and equity ownership of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Date of transaction: Acquisition of Class A Common Stock. |
| 04/15/2025 | Date of signature for the report. |
Keywords
Ralph Lauren Corp, RL, Frank A. Bennack Jr., Class A Common Stock, Director, Beneficial Ownership, SEC Form 4, Dividend, Restricted Stock Units, 2019 Long-Term Stock Incentive Plan
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