Current Report Filed: 2026-04-06

Key Insights

  • Tapestry, Inc. has appointed Matthew Madrigal to its Board of Directors, effective April 6, 2026, expanding the board to 11 members.
  • Madrigal will receive an annual cash retainer of $100,000 and an annual equity grant valued at $200,000, vesting one year from the grant date.
  • The company has granted Madrigal an initial equity award of $200,000 in restricted stock units, also vesting on the one-year anniversary of the grant.
Insider Trading Filed: 2026-04-06

Key Insights

  • Matthew Madrigal, a director of Tapestry, Inc., acquired 1,392 shares of the company's common stock on April 6, 2026, suggesting he has confidence in the company's future performance.
  • The acquisition of the shares was in the form of unvested restricted stock units that will vest on April 6, 2027, indicating a long-term investment horizon.
  • Insider buying, especially by directors, is often seen as a positive signal for a company's prospects, as insiders have access to non-public information.

Filings on this page are at least 90 days old. In the app, any new Tapestry, Inc. filing is analysed the moment you open it.

Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.