Tapestry (NYSE: TPR) director exercises options and sells shares for costs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tapestry, Inc. director Thomas Greco reported multiple stock option exercises and related share movements on February 17, 2026. He exercised stock options for 5,523, 6,822 and 6,117 shares, receiving common stock at exercise prices of $34.98, $29.63 and $41.82 per share. To cover taxes, 1,175, 1,496 and 1,546 shares of common stock were disposed of in tax-withholding transactions at $154.44 per share. He also sold 4,027, 4,942 and 5,276 shares of common stock at $154.44 per share, and a footnote states these shares were sold to pay the cost and fees of the option exercises. After all transactions, he directly owned 21,302 shares of Tapestry common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,245 shares ($2,199,998)
Net Sell
12 txns
Insider
Greco Thomas
Role
Director
Sold
14,245 shs ($2.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 5,523 | $0.00 | -- |
| Exercise | Stock Option | 6,822 | $0.00 | -- |
| Exercise | Stock Option | 6,117 | $0.00 | -- |
| Exercise | Common Stock | 6,822 | $34.98 | $239K |
| Exercise | Common Stock | 6,117 | $29.63 | $181K |
| Exercise | Common Stock | 5,523 | $41.82 | $231K |
| Tax Withholding | Common Stock | 1,175 | $154.44 | $181K |
| Tax Withholding | Common Stock | 1,496 | $154.44 | $231K |
| Tax Withholding | Common Stock | 1,546 | $154.44 | $239K |
| Sale | Common Stock | 4,027 | $154.44 | $622K |
| Sale | Common Stock | 4,942 | $154.44 | $763K |
| Sale | Common Stock | 5,276 | $154.44 | $815K |
Holdings After Transaction:
Stock Option — 0 shares (Direct);
Common Stock — 28,124 shares (Direct)
Footnotes (1)
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FAQ
What did Thomas Greco report in his latest Form 4 for Tapestry (TPR)?
Thomas Greco reported exercising several Tapestry stock options and related common stock transactions on February 17, 2026. He converted options into common shares, then completed tax-withholding dispositions and additional sales, ending with direct ownership of 21,302 Tapestry common shares after all movements.
What stock options did Thomas Greco exercise in Tapestry (TPR) on February 17, 2026?
He exercised three Tapestry stock option grants covering 5,523, 6,822 and 6,117 shares. The related common stock entries show exercise prices of $34.98, $29.63 and $41.82 per share, converting these derivative positions into directly held Tapestry common stock.