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Here's What to Know About Coach CEO Todd Kahn's Latest Insider Transaction

The Motley Fool·
Here's What to Know About Coach CEO Todd Kahn's Latest Insider Transaction

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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