Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On April 6, 2026, the Board of Directors (the “Board”) of Tapestry, Inc. (“Tapestry” or the “Company”) increased the size of the Board from ten to eleven members and elected Matthew Madrigal as a director of the Company, effective as of April 6, 2026. In connection with Mr. Madrigal’s appointment to the Board and in accordance with the Company’s standard compensation arrangements for non-employee directors, Mr. Madrigal will be entitled to an annual cash retainer of $100,000 as well as an annual equity grant with a grant date fair market value of $200,000 made on the date of Tapestry’s annual meeting of stockholders, with 100% of the value of the award made in the form of restricted stock units. These equity awards vest in full one year from the date of grant, subject to the director’s continued service until that time. In addition, Mr. Madrigal will be granted an initial Tapestry equity award with a grant date fair market value of $200,000 on April 6, 2026, with 100% of the value of the award made in the form of restricted stock units. This initial grant will vest on the one year anniversary of the grant date. There are no arrangements or understandings between Mr. Madrigal and any other person pursuant to which he was selected as a director, and there have been no transactions since the beginning of the Company’s last fiscal year, or are currently proposed, regarding Mr. Madrigal that are required to be disclosed by Item 404(a) of Regulation S-K. A copy of the press release announcing the appointment is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
TPR Tapestry, Inc. - 8-K
Accession
0001140361-26-0133495.029.01
Item 5.02 - Departure/Election of Directors or Certain Officers
300 words
Item 9.01 - Financial Statements and Exhibits
27 words
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release, dated April 6, 2026 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)