Form 4: Linda Findley Reports Acquisition of Ralph Lauren Corp Class A Common Stock

Director Linda Findley reports acquiring 4.06 shares of Ralph Lauren Corp Class A Common Stock due to dividend payments on restricted stock units.

Summary

• Linda Findley, a director of Ralph Lauren Corporation, filed a Form 4 on October 15, 2024, reporting a transaction on October 11, 2024.
• She acquired 4.06 shares of Class A Common Stock as a result of cash dividend payments on previously granted restricted stock units under the company's 2019 Long-Term Stock Incentive Plan.
• The price per share was $0.
• Following the transaction, Findley directly owns 9,966.06 shares of Ralph Lauren Corp Class A Common Stock.
• Cash was paid in lieu of approximately 0.8 fractional shares upon vesting of previously-granted restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock ownership, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company stock, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider stock ownership.

Key Dates