Tapestry, Inc. Chief People Officer Denise Kulikowsky filed a Form 4 on November 10, 2026, disclosing a series of transactions on November 9, 2026, including the exercise of stock options and subsequent sales of common stock.

Key Highlights

  • Option exercise: Kulikowsky exercised stock options covering 8,259 shares of common stock at a conversion price of $26.59 per share on November 9, 2026.
  • Open-market sales: She sold 3,244 shares at $134.89 and 8,000 shares at $135.10 on the same date.
  • Tax-related disposition: 5,015 shares were disposed of at $134.89 to cover costs, taxes, and fees associated with the option exercise, according to the filing.
  • Resulting ownership: Following all reported transactions, Kulikowsky directly beneficially owned 15,721 shares of common stock.
  • Remaining derivative: 8,259 stock options remain beneficially owned, with an expiration date of November 1, 2033.

Kulikowsky's November 9 Option Exercise and Share Sales at Tapestry

According to the Form 4 filed with the SEC, Denise Kulikowsky, Chief People Officer of Tapestry, Inc. (NYSE:TPR), executed four transactions in the company's common stock on November 9, 2026. The first transaction was the exercise of 8,259 stock options via transaction code "M," at a conversion price of $26.59 per share, bringing her directly held shares to 31,980 following that step.

The filing then reports two open-market sales. Kulikowsky sold 3,244 shares at $134.89 per share and separately sold 8,000 shares at $135.10 per share, both on November 9, 2026. In addition, 5,015 shares were disposed of at $134.89 per share under transaction code "F." The filing states that these shares "were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described herein."

After all four transactions, Kulikowsky's directly held beneficial ownership in Tapestry common stock stood at 15,721 shares, according to the filing. In Table II, 8,259 stock options with an exercise price of $26.59 and an expiration date of November 1, 2033, remain listed as beneficially owned. The form was signed by Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission, and was dated November 10, 2026.

What Was Disclosed

The filing reports an option exercise of 8,259 shares, two open-market sales totaling 11,244 shares, and a tax-related disposition of 5,015 shares by Tapestry's Chief People Officer on November 9, 2026, leaving her with direct beneficial ownership of 15,721 shares.