Form 4: Tapestry Director Acquires 1,985 Shares via RSU Grant

Tapestry, Inc. Director Thomas Greco acquired 1,985 shares of common stock at a deemed price of $100.76 per share, received as unvested restricted stock units.

Summary

• Thomas Greco, a Director of Tapestry, Inc. (TPR), acquired 1,985 shares of common stock.
• The transaction occurred on November 13, 2025, with a deemed acquisition price of $100.76 per share.
• These securities were received in the form of unvested restricted stock units (RSUs) issued under the Issuer's Stock Incentive Plan.
• The acquired RSUs are scheduled to vest on November 13, 2026.
• Following this transaction, Thomas Greco beneficially owns 21,295 shares of common stock directly.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even as part of compensation (RSUs), generally indicates confidence in the company's future performance and aligns management interests with shareholders, which is a positive signal.

Positives

• A Director acquiring additional shares, even through an RSU grant, can signal confidence in the company's future prospects.
• The grant of restricted stock units aligns the director's interests with long-term shareholder value creation.

Future Outlook

The acquired restricted stock units are scheduled to vest on November 13, 2026, indicating a future milestone for the director's full ownership of these shares.

Industry Context

This Form 4 filing reports a routine insider transaction related to director compensation, which is a common practice across industries to align management and board interests with shareholders. It does not provide broader industry trend insights.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive sign of commitment and belief in the company's long-term value.

Next Steps

• The 1,985 restricted stock units will vest on November 13, 2026, at which point they will become fully owned common stock shares.

Key Dates

Keywords

Tapestry, TPR, Insider Transaction, Form 4, Restricted Stock Units, Director Stock Acquisition, Corporate Governance, Stock Incentive Plan