Short answer
Tapestry, Inc. (TPR) filed an 8-K current report with the SEC on April 6, 2026 reporting Item EX-99.1 (Exhibit EX-99.1), Item 5.02 (Departure/Election of Directors or Officers). Board expanded from 10 to 11 directors with Matthew Madrigal’s election effective April 6, 2026.
Tapestry, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Board expanded from 10 to 11 directors with Matthew Madrigal’s election effective April 6, 2026
- Annual director compensation: $100,000 cash retainer plus $200,000 restricted-stock-unit grant
- Initial $200,000 restricted-stock-unit award granted April 6, 2026, vesting after one year
- Appointment increases equity-linked compensation and adds a one-year retention incentive for Madrigal
Item EX-99.1 · Exhibit EX-99.1
- Matt Madrigal appointed immediately to Tapestry’s Board, expanding membership to 11 directors
- Board now includes 10 independent directors, supporting continued governance independence
- Pinterest CTO adds expertise in AI, e-commerce, digital consumer behavior, and Gen Z engagement
- Appointment aligns with Tapestry’s 2028 Amplify growth strategy and digital customer-experience priorities
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Tapestry, Inc. 8-K filings
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