An amended statement of changes in beneficial ownership for Todd Kahn, CEO and Brand President, Coach at Tapestry, Inc., was filed on September 3, 2026, correcting a stock option figure that had been reported in an original filing dated August 19, 2026.
Key Highlights
- Reporting person: Todd Kahn, CEO and Brand President, Coach at Tapestry, Inc. (NYSE:TPR)
- Transaction date: August 17, 2026, with the original filing dated August 19, 2026
- Security type: Stock options acquired under Tapestry's Stock Incentive Plan, converting 1-for-1 into common stock
- Corrected option count: 31,397 stock options, adjusted to fix a calculation error in the previously filed report
- Exercise price: $129.02 per share, with an expiration date of August 17, 2036
- Vesting schedule: Four equal installments on the first through fourth anniversaries of the August 17, 2026 grant date
Correction Details for Todd Kahn's Stock Option Award at Tapestry
According to the amended filing, Todd Kahn, who serves as CEO and Brand President of the Coach brand within Tapestry, Inc., received a grant of 31,397 stock options on August 17, 2026, under the company's Stock Incentive Plan. The filing states that this amended report was submitted to correct a calculation error in the previously timely filed statement. Tapestry is a luxury fashion holding company whose portfolio includes the Coach brand, among others.
The filing discloses that the options carry an exercise price of $129.02 and will convert into shares of Tapestry common stock on a 1-for-1 basis. The options are described as service-based securities, vesting in four equal installments: the first on August 17, 2027; the second on August 17, 2028; the third on August 17, 2029; and the fourth on August 17, 2030. The options are set to expire on August 17, 2036. Following the reported transaction, Kahn's directly held derivative securities amount to 31,397 stock options, as stated in the filing.
The amendment was signed by Emily S. Zahler, Assistant Corporate Secretary, acting pursuant to a power of attorney filed with the Commission, and was dated September 3, 2026. The filing notes that the price of the derivative security is listed as $0.0000, consistent with the grant being an award rather than a market purchase.
What Was Disclosed
Tapestry, Inc. filed an amended beneficial ownership report for executive Todd Kahn, correcting the number of stock options granted on August 17, 2026, to 31,397, and detailing a four-year service-based vesting schedule with an exercise price of $129.02.



Please wait processing your request...