Key facts
- This page summarizes Lauren Family, L.L.C.'s Form 4 filing for RALPH LAUREN CORP (RL).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Mar 2024, 16:30.
Lauren Family, L.L.C. - 04 Mar 2024 Form 4 Insider Report for RALPH LAUREN CORP (RL)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- RL
- Reported as of
- 04 Mar 2024
- Net transaction value
- -$531,450,000
- Reporting owner signature
- /s/ Craig L. Smith, Attorney-in-Fact for Andrew Lauren, Manager of Lauren Family, L.LC.
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Lauren Family, L.L.C. filed Form 4 for RALPH LAUREN CORP (RL) on 06 Mar 2024.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$531,450,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RL
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +3,000,000
- Change %
- Price
- Shares after
- 3,000,000
- Date
- 04 Mar 2024
- Ownership
- Direct
- Footnotes
- F1, F2
RL
transaction
Class A Common Stock
Sale
- Transaction value
- $531,450,000
- Shares
- -3,000,000
- Change %
- -100%
- Price
- $177.15
- Shares after
- 0
- Date
- 04 Mar 2024
- Ownership
- Direct
- Footnotes
- F2
RL
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 41,469
- Date
- 04 Mar 2024
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RL
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -3,000,000
- Change %
- -51%
- Price
- $0.000000
- Shares after
- 2,842,342
- Date
- 04 Mar 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,000,000
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The holder of the securities has the right, at the holder's option, at any time and from time to time, to convert shares of Class B Common Stock into Class A Common Stock on a one-for-one basis. On March 4, 2024, the Lauren Family, L.L.C. converted 3,000,000 shares of Class B Common Stock into an equal number of shares of Class A Common Stock and sold such shares of Class A Common Stock, in connection with a long-term strategy for estate planning and investment diversification.
Footnote F2
These securities are held by Lauren Family, L.L.C., a limited liability company of which Mr. David Lauren is a manager and in which Mr. David Lauren has an indirect pecuniary interest. Mr. David Lauren disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Footnote F3
These securities are held individually by Mr. David Lauren.
SEC remarks
Following the sale reported herein, the Lauren Family, L.L.C., is no longer a 10% beneficial owner and this reflects an exit filing by Lauren Family, L.L.C.