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David R Lauren Sells Shares for Taxes | Business and Finance News
Description
David R. Lauren, Ralph Lauren’s top exec, quietly cashed out 1,711 shares worth $662K on August 15th — not a panic move, but a tax-smart play tied to his restricted stock vesting. He still owns over 14K shares valued at $5.4M, and more are set to vest through 2027, meaning future sales are likely. With Ralph Lauren raking in $8B in revenue and a $23B market cap, these insider moves are just a footnote in the luxury giant’s story.
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