Form 4: Tapestry CFO and COO Scott Roe Reports Routine Tax-Related Stock Disposition

Tapestry, Inc.'s Chief Financial Officer and Chief Operating Officer, Scott A. Roe, reported the disposition of 1,896 shares of common stock at $78.55 per share, withheld to cover tax obligations related to restricted stock unit vesting.

Summary

• Scott A. Roe, the Chief Financial Officer and Chief Operating Officer of Tapestry, Inc. (TPR), reported a change in beneficial ownership.
• On May 30, 2025, Mr. Roe disposed of 1,896 shares of Tapestry Common Stock.
• The shares were disposed of at a price of $78.55 per share.
• This disposition was a mandatory withholding of shares to pay taxes in connection with the vesting of restricted stock units.
• Following this transaction, Mr. Roe beneficially owns 81,174 shares of Tapestry Common Stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine, non-discretionary tax withholding event related to executive compensation, rather than a discretionary sale or purchase indicating a change in management's outlook.

Positives

• The transaction is a routine, non-discretionary event related to the vesting of restricted stock units, indicating the fulfillment of compensation agreements.

Negatives

• The transaction resulted in a reduction of 1,896 shares from the direct beneficial ownership of a key executive, although this was for tax purposes and not a discretionary sale.

Future Outlook

This SEC Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This specific Form 4 filing details a routine insider transaction (tax withholding) and does not provide information relevant to broader industry trends or competitive analysis within the luxury fashion or retail sectors.

Stakeholder Impact

• Shareholders: The impact is minimal as this is a routine, non-discretionary transaction for tax purposes, not a signal of management's confidence or lack thereof. It slightly reduces the direct ownership stake of a key executive.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Tapestry Inc., TPR, Scott A. Roe, CFO, COO, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Beneficial Ownership