David E. Howard, Chief Legal Officer and Secretary of Tapestry, Inc., filed a Form 4 on November 10, 2026, reporting multiple stock option exercises and open-market share sales transacted on November 9, 2026.

Key Highlights

  • Reporting person: David E. Howard, Chief Legal Officer and Secretary of Tapestry, Inc. (NYSE:TPR)
  • Options exercised: Four tranches of stock options were exercised on November 9, 2026, covering 11,895 shares at $33.81, 10,365 shares at $40.58, 8,336 shares at $35.41, and 2,552 shares at $99.91
  • Shares sold (open market): Three open-market sales totaling 6,842 shares at prices of $133.16, $134.20, and $133.45
  • Shares withheld for taxes and fees: Four "F" code transactions totaling 21,960 shares were disposed of at prices ranging from $133.16 to $134.20, according to the filing's footnote, to pay for costs, taxes, and fees associated with the option exercises
  • Resulting beneficial ownership: Following all reported transactions, Howard directly held 38,571 shares of common stock
  • Remaining options: After the exercises, Howard retained options on 7,653 shares at $99.91 (expiring 08/18/2035) and 20,729 shares at $40.58 (expiring 08/19/2034); the $33.81 and $35.41 option tranches were fully exercised, leaving balances of 11,895 and 0 shares, respectively

Howard's Option Exercises and Share Dispositions at Tapestry on November 9, 2026

According to the Form 4 filed with the SEC, David E. Howard exercised four separate stock option tranches on November 9, 2026. The exercises covered 11,895 shares at an exercise price of $33.81, 10,365 shares at $40.58, 8,336 shares at $35.41, and 2,552 shares at $99.91, acquiring a combined total of 33,148 shares of common stock through the "M" (exercise of in-the-money or at-the-money derivative) transaction code.

Concurrent with the exercises, the filing reports three open-market sales: 311 shares at $133.16, 3,002 shares at $134.20, and 3,529 shares at $133.45, for a combined 6,842 shares sold. Additionally, four transactions coded "F" disposed of 2,241 shares at $133.16, 5,334 shares at $134.20, 6,836 shares at $133.45, and 7,549 shares at $133.55. The filing's footnote states 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 transactions, the filing reports Howard's direct beneficial ownership of Tapestry common stock stood at 38,571 shares. The Form 4 was signed by Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission, and bears a signature date of November 9, 2026.

What Was Disclosed

Tapestry's Chief Legal Officer David E. Howard reported exercises of four stock option tranches and related share dispositions on November 9, 2026, resulting in direct beneficial ownership of 38,571 shares of Tapestry common stock following the transactions.