Dadlani Manesh

VP Dadlani sells 7,882 TPR shares at $99.05; stock down 7.0% in 30 days and 11.3% from 52-week high

Manesh Dadlani, VP Controller and PAO, sold 7,882 shares of Tapestry (TPR) for $780,712.10 on 2025-08-25, reducing his holdings by 27.2% to 21,098 shares. The sale occurred as TPR trades down 7.0% over the past 30 days and 11.3% below its 52-week high of $113.53, despite a 25.2% gain over 90 days. Dadlani's prior three open-market sales across all tickers averaged a 90-day return of 49.7%, but his timing record shows a 0.00% well-timed rate, meaning his prior sells were poorly positioned relative to subsequent stock performance. At this specific ticker (TPR), his three prior sales on 2024-11-15 all saw positive 90-day returns ranging from 49.2% to 50.0%, indicating those sales also preceded rallies rather than declines. The sell occurs against a backdrop of elevated valuation (P/E of 92.39) and modest revenue growth of 5.1% annually, providing context for the transaction but no direct causal signal.

Tapestry Controller Dadlani sold 8,872 shares for $514,219.16 at $57.96 avg on Nov 15

Manesh Dadlani, VP Controller and Principal Accounting Officer at Tapestry, executed 3 separate sales totaling 8,872 shares for $514,219.16 on November 15, 2024, reducing his holdings by 20.2% from 43,875 to 35,003 shares. The blended average sale price of $57.96 represents a modest premium to the current price of $56.55 and sits near the 52-week high of $57.82. While the transaction represents a material reduction in his stake, the company's fundamentals show stable quarterly revenue of $1,507,500,000.00 and net income of $186,600,000.00, with annual revenue growth of only +0.2%, suggesting modest momentum. The lack of any disclosed 10b5-1 plan information in the FACTS and the timing during a period of substantial recent appreciation (90-day change: +40.0%) merit routine monitoring of his trading pattern relative to future company developments.