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Here's What to Know About Coach CEO Todd Kahn's Latest Insider Transaction
The Motley Fool·
Coach CEO Todd Kahn sold 1,955 shares of Tapestry Inc. worth approximately $258,000 on August 19 to cover tax withholding obligations from restricted stock unit vesting. The transaction is non-discretionary and does not signal concerns about the company. Kahn retains a $12.4 million equity stake and remains bullish on Coach's growth trajectory, projecting it can become a $10 billion brand.
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