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CEO Sells Shares to Pay Taxes | Business and Finance News
Published 2 weeks, 2 days ago
Description
Ralph Lauren CEO Patrice Louvet sold 19,000 shares to cover taxes from vested stock units, netting $7.4M — but his overall equity rose as more shares vested, leaving him with over 129,000 shares worth nearly $49M. This routine move underscores his continued confidence in the $23B brand, which thrives globally through luxury fashion and accessories.
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