Board of Directors member Stephen F. Reitman disclosed the sale of 17,981 shares of Capri Holdings Limited (NYSE:CPRI) in an open-market transaction on June 8, 2026, for total proceeds of approximately ~$349K, according to an SEC Form 4 filing.
Transaction summary
Metric
Value
Shares sold (direct)
17,981
Transaction value
~$349,000
Post-transaction shares (direct)
0
Transaction value based on SEC Form 4 weighted average reported price ($19.42); post-transaction value is $0.00 since no shares were held after June 8, 2026.
Key questions
What does this sale indicate about Stephen Reitman’s ownership position in Capri Holdings Limited?This transaction reduced Reitman’s direct and total ordinary share holdings to zero, marking a complete disposition of his equity position as of June 8, 2026.
Was there any participation from indirect entities or derivative securities in this transaction?No; the transaction involved only directly-held shares, with no reported activity from trusts, family entities, or stock options. Post-sale, Reitman held no direct or indirect interests.
How does this sale compare to Reitman’s historical trading activity?This is the only open-market sale Reitman has made in the past three years, following a cadence of only administrative filings since August 2023.
How did market conditions compare to the transaction price?The shares were sold at a weighted average price around $19.42 per share, which was approximately 9.8% below the price of $21.33 as of June 12, 2026, and occurred after a one-year total return of 19.56% for the stock.
Company overview
Metric
Value
Employees
10,200
Revenue (TTM)
$3.47 billion
Net income (TTM)
$137.00 million
1-year price change
19.56%
Note: 1-year price change calculated using June 8th, 2026 as the reference date.
Company snapshot
Capri Holdings offers luxury apparel, footwear, handbags, accessories, eyewear, watches, jewelry, fragrances, and home furnishings under the Jimmy Choo and Michael Kors brands.
It generates revenue through a combination of direct-to-consumer retail, wholesale distribution, e-commerce, and global licensing agreements.
The company targets affluent consumers and fashion-conscious clientele across North America, Europe, Asia, and other international markets.
Capri Holdings Limited is a global luxury fashion group with a diversified brand portfolio and a broad international footprint.
The company leverages multi-channel distribution and licensing to maximize brand reach and capture value across multiple consumer segments. Its strategic focus on iconic brands and diversified revenue streams supports its competitive position in the global luxury goods sector.
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