---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-032093"
form_type: "8-K"
ticker: "TPR"
cik: "0001116132"
company_name: "TAPESTRY, INC."
filed_at: "2025-08-20T23:59:59+00:00"
generated_at: "2026-05-17T11:04:23.084226+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Tapestry awards CEO Joanne Crevoiserat $15M special equity grant tied to FY2028 EPS performance

## Summary
- Special grant of $15M target fair value to CEO, split equally between performance-based RSUs (PRSUs) and time-based RSUs.
- PRSUs vest only if non-GAAP EPS target for fiscal year 2028 is achieved; time-based RSUs vest on third anniversary.
- Full forfeiture if CEO retires or voluntarily leaves during vesting; pro-rata vesting only for involuntary termination without cause or voluntary with good reason.
- Grant designed with stricter service requirements than standard awards, considering CEO's retirement eligibility in November 2025.
- One-time award is not part of regular annual compensation; aims to incentivize durable growth and long-term retention.

## SEC filing metadata
- accession: 0001140361-25-032093
- form_type: 8-K
- ticker: TPR
- cik: 0001116132
- company_name: TAPESTRY, INC.
- filed_at: 2025-08-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1116132/000114036125032093/0001140361-25-032093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1116132/000114036125032093/ef20054230_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-032093
- JSON: https://secwatch.observer/filing/0001140361-25-032093.json
- Plain text: https://secwatch.observer/filing/0001140361-25-032093.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.