Form 4: Tapestry Executive Denise Kulikowsky Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Chief People Officer of Tapestry, Inc., Denise Kulikowsky, reports disposing of 877 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On November 1, 2024, Denise Kulikowsky, Chief People Officer of Tapestry, Inc., disposed of 877 shares of common stock.
- The transaction was executed to cover tax obligations associated with the vesting of restricted stock units.
- The shares were sold at a price of $46.97 per share.
- Following the transaction, Kulikowsky directly owns 17,121 shares of Tapestry, Inc.
- The transaction was reported on Form 4, filed with the SEC on November 5, 2024.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing reporting a stock transaction by a company executive for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of stock disposal transaction. |
| 11/05/2024 | Date the Form 4 was filed with the SEC. |
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