Key Points
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The transaction involved the sale of 2,646 shares, valued at approximately $349,000 on the August 19 transaction date.
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It reduced the executive’s direct equity stake by 4%.
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All reported activity was conducted directly, with no indirect holdings disclosed.
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The sale was non‑discretionary, made to satisfy tax obligations arising from restricted stock unit vesting, and does not indicate the insider’s opinion on the stock.
According to an SEC Form 4 filing, CFO and COO Scott A. Roe sold 2,646 shares of Tapestry, Inc. (NYSE:TPR) on August 19.
Transaction Summary
Shares sold: 2,646. Transaction value: $349,000. Post‑transaction directly held shares: 68,939. Post‑transaction equity value: $9.08 million.
Transaction value reflects a weighted‑average sale price of $131.72 per share as reported on the SEC Form 4; the post‑transaction equity value is calculated using the August 19 closing price of $131.72.
Key Questions
- What motivated this transaction?
The sale was non‑discretionary, required to cover taxes on restricted stock unit vesting. - What is the current value of the executive’s remaining equity position?
After the transaction, Scott A. Roe directly holds 68,939 shares, valued at $9.08 million based on the August 19 market close. - How has the stock performed leading up to this filing?
Tapestry, Inc. posted a one‑year return of 35% as of August 19.
Company Overview
Share price (as of market close on August 19, 2026) was $131.72; market capitalization stood at $26.6 billion; trailing‑twelve‑month revenue was $8.0 billion; and net income was $1.5 billion.
Company Snapshot
- Tapestry, Inc. operates a diversified portfolio of premium lifestyle brands—Coach, Kate Spade, and Stuart Weitzman—selling luxury accessories, apparel, and home goods for women, men and children, primarily through direct‑to‑consumer and wholesale channels.
- The company uses a multi‑brand, geographically diversified model that leverages distinct brand identities to capture share in both premium and accessible luxury segments, generating profit through design, manufacturing, and global distribution.
- Tapestry’s core customers are affluent consumers in developed markets—especially the United States, Japan, and Greater China—with a focus on women, while also expanding men’s and children’s lines to broaden its addressable market.
Tapestry, Inc. is a scaled global luxury conglomerate with $8.0 billion in trailing‑twelve‑month revenue and a market capitalization of $26.6 billion, positioning it as a major player in the accessible‑to‑premium luxury goods sector. Its competitive advantage stems from a portfolio of heritage brands with distinct market positioning, sophisticated omnichannel distribution, and a strong international presence in key growth markets. The company’s operational scale, brand equity, and ability to generate $1.5 billion in net income underscore its strategic position in the global luxury market.
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