TAPESTRY, INC. 4

Tapestry CEO Joanne C. Crevoiserat exercised stock options for 66,061 shares and disposed of 66,061 shares of common stock (through sales and tax‑withholding) around $132.9 per share on May 13, 2026, leaving her with 614,149 shares owned directly.

On May 13, 2026, Tapestry, Inc. CEO Joanne C. Crevoiserat exercised two stock option grants for a total of 66,061 shares of common stock at strike prices of $15.83 and $20.97 per share and then disposed of shares at market prices around $132.88–$132.90 to cover the costs, taxes, and fees associated with these exercises. Specifically, 30,291 shares were acquired via option exercise at $15.83 and 35,770 shares via option exercise at $20.97, and the related dispositions included two open‑market sales totaling 27,776 shares plus tax‑withholding transactions totaling 38,285 shares, all at approximately the prevailing market price. These option exercises were priced at zero in the derivative table because they reflect the conversion of derivative securities rather than additional cash transactions, and the filing notes that the sales were conducted under a pre‑arranged Rule 10b5‑1 trading plan adopted in November 2025 and were not motivated by new material nonpublic information. After these transactions, Crevoiserat beneficially owned 614,149 shares of Tapestry common stock directly, which, using the contemporaneous market price of about $132.90 per share, represent an equity stake worth roughly $81–$82 million.

Filing Facts

CIK

1116132

Ticker

TPR

Form

4

Source Type

fda

Accession

0001225208-26-005318

Alert Tier

5