Form 4: Tapestry Director Faber Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Director Johanna W. Faber reports the disposal of 215 common stock shares of Tapestry, Inc. to cover taxes related to vesting restricted stock units.
Summary
- On November 1, 2024, Johanna W. Faber, a director of Tapestry, Inc. (TPR), disposed of 215 shares of common stock to cover tax obligations.
- The shares were disposed of at a price of $46.97 per share.
- Following the transaction, Faber directly owns 8,360 shares of Tapestry, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vesting restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of stock disposal for tax obligations. |
| 11/05/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.