Ralph Lauren Holds 20.1% of Company's Class A Stock

TL;DR

**Ralph Lauren still owns a huge chunk of his company, 20.1% of Class A shares, keeping him firmly in control.**

AI Summary

Ralph Lauren, the iconic founder, has updated his beneficial ownership in Ralph Lauren Corporation, reporting sole voting power over 12,756,790 shares of Class A Common Stock as of December 31, 2023. This represents a significant 20.1% of the company's outstanding Class A shares, indicating his continued substantial control and influence over the company's direction. This matters to investors because Ralph Lauren's large stake means his vision and decisions will heavily impact the company's future performance and stock value.

Why It Matters

Ralph Lauren's continued significant ownership stake means he retains strong control over the company's strategic decisions, which can be a stabilizing factor or a point of concern for investors seeking independent governance.

Risk Assessment

Risk Level: low — The filing indicates stable, significant insider ownership, which generally reduces risk by aligning management's interests with shareholders.

Analyst Insight

Investors should recognize that Ralph Lauren's substantial ownership stake means his vision will likely continue to guide the company, which could be seen as a strength or a potential limitation depending on individual investment philosophy.

Key Numbers

• 12,756,790 — Shares with Sole Voting Power (Represents the number of Class A Common Stock shares Ralph Lauren can vote on his own.)
• 20.1% — Percentage of Class A Common Stock (This is the total percentage of the company's Class A shares beneficially owned by Ralph Lauren, giving him substantial control.)
• $0.01 — Par Value Per Share (The nominal value assigned to each share of Class A Common Stock.)
• December 31, 2023 — Date of Event (The specific date that triggered the requirement for this filing, reflecting the ownership as of this date.)

Key Players & Entities

• Ralph Lauren (person) — individually and as trustee, reporting person and founder of Ralph Lauren Corporation
• RALPH LAUREN CORPORATION (company) — the subject company of the filing
• LAUREN FAMILY, L.L.C. (company) — a group member associated with the reporting person
• RICKY LAUREN (person) — individually and as trustee of various trusts, a group member

Forward-Looking Statements

• Ralph Lauren will continue to exert significant influence over the company's strategic direction due to his substantial ownership. (Ralph Lauren Corporation) — high confidence, target: Ongoing

FAQ

Key Financial Figures

• $0.01 — suer) CLASS A COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securiti

Filing Documents

• d766380dsc13ga.htm (SC 13G/A) — 79KB
• 0001193125-24-030007.txt ( ) — 80KB

From the Filing

SC 13G/A 1 d766380dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 22)* RALPH LAUREN CORPORATION (Name of Issuer) CLASS A COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) 751212 10 1 (CUSIP Number) December 31, 2023 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 751212 10 1 13G Page 2 of 8 Pages 1. Name of Reporting Persons Ralph Lauren, individually and as trustee 2. Check the Appropriate Box if a Member of a Group (a)(b) 3. SEC Use Only 4. Citizenship or Place of Organization: United NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. Sole Voting Power: 12,756,790 (representing (i) 12,282,954 shares of Class B Common Stock, par value $.01 per share (Class B Common Stock), immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share (Class A Common Stock), held by a revocable trust of which Mr. Lauren is the sole trustee and sole beneficiary, (ii) 386,617 shares of Class A Common Stock held directly, (iii) 35,854 shares of Class A Common Stock held by Mr. Laurens revocable trust and (iv) 51,365 shares of Class B Common Stock held by a trust of which Mr. Lauren is a trustee). 6. Shared Voting Power: 12,546,957 (representing (i) 5,842,342 shares of Class B Common Stock owned by Lauren Family, L.L.C., a limited liability company of which Mr. Lauren has the power to remove and replace each manager, provided that the replacement manager is not related to or subordinate to Mr. Lauren, (ii) 2,370,956 shares of Class B Common Stock held by a trust of which Mr. Lauren has the power to remove and replace the trustees, provided that Mr. and Mrs. Lauren may not serve as the replacement trustees, established for the benefit of Mrs. Laurens issue, (iii) 4,289,028 shares of Class B Common Stock held by trusts of which Mr. Lauren has the power to remove and replace the trustees, provided that the replacement trustee is not related to or subordinate to Mr. Lauren, established for the benefit of Mr. Laurens issue and (iv) 44,631 shares of Class B Common Stock held by a trust of which Mr. Lauren has the power to remove and replace the trustee, provided that the replacement trustee is not related to or subordinate to Mr. Lauren, established for the benefit of Mrs. Lauren and Mr. Laurens issue; each of the shares of Class B Common stock in (i) through (iv) above is immediately convertible into an equal number of shares of Class A Common Stock). 7. Sole Dispositive Power: 12,756,790 (representing (i) 12,282,954 shares of Class B Common Stock immediately convertible into an equal number of shares of Class A Common Stock held by a revocable trust of which Mr. Lauren is the sole trustee and sole beneficiary, (ii) 386,617 shares of Class A Common Stock held directly, (iii) 35,854 shares of Class A Common Stock held by Mr. Laurens revocable trust and (iv) 51,365 shares of Class B Common Stock held by a trust of which Mr. Lauren is a trustee). 8. Shared Dispositive Power: 12,546,957 (representing (i) 5,842,342 shares of Class B Common Stock owned by Lauren Family, L.L.C., a limited liability company of which Mr. Lauren has the power to remove and replace each manager, provided that the replacement manager is not related to or subordinate to Mr. Lauren, (ii) 2,370,956 shares of Class B Common Stock held by a trust of which Mr. Lauren has the power to remove and replace the trustees provided that Mr. and Mrs. Lauren may not serve as the replacement trustees, established for the benefit of Mrs. Laurens issue, (iii) 4,289,028 shares of Class B Common Stock held by trusts of which Mr. Lauren has the power to remove and replace the trustees, provided that the replacement trustee is not related to or subordinate to Mr. Lauren, established for the benefit of Mr. Laurens issue and (iv) 44,631 shares of Class B Common Stock held by a trust of which Mr. Lauren has the power to remove and replace the trustee, provided that the replacement trustee is not related to or subordinate to Mr. Lauren, established for the benefit

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