Tapestry Chief People Officer Denise Kulikowsky Exercises Options and Sells Shares

Insider Transaction Overview

On September 9, 2026, Denise Kulikowsky, Chief People Officer of Tapestry, Inc. ($TPR), executed an option exercise and corresponding stock sales reported via SEC Form 4 on September 10, 2026.

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Key Transaction Breakdown

1. Derivative Exercise (Code M):

   • Exercised 6,910 stock options at an exercise price of $40.58 per share to acquire 6,910 shares of Common Stock.

2. Open Market Dispositions (Code S):

   • Sold 2,191 shares at $115.40 per share ($252,841.40).
   • Sold 3,619 shares at $115.36 per share ($417,487.84).
   • Total Open Market Sold: 5,810 shares for $670,329.24 (weighted average price: ~$115.38).

3. Tax and Exercise Cost Withholding (Code F):

   • Disposed of 4,719 shares at $115.40 per share ($544,572.60) to satisfy costs and taxes associated with the option exercise.

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Holdings Analysis

• Post-Transaction Direct Holdings: 16,417 shares of Common Stock.
• Remaining Exercisable Derivative Holdings: 13,820 stock options expiring August 19, 2034.
• Significance Assessment: Low. The transactions reflect a standard stock option exercise combined with market sales and share withholding to cover exercise costs and tax liabilities.