Form 4: PVH Corp. CEO Stefan Larsson Reports Acquisition and Disposal of Common Stock

CEO Stefan Larsson reports acquiring shares of PVH Corp. common stock through restricted stock units and disposing of shares to cover tax obligations.

Summary

• On April 10, 2025, Stefan Larsson, CEO of PVH Corp., acquired 80,264 shares of common stock as part of a restricted stock unit award.
• The price per share for the acquisition was $0.
• On the same day, Larsson disposed of 4,196 shares to satisfy tax obligations related to the vesting of 7,586 restricted stock units.
• The price per share for the disposal was $69.15.
• Following these transactions, Larsson directly owns 240,233.36 shares of PVH Corp. common stock, including 131,283 shares subject to unvested restricted stock units.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects standard compensation practices and tax obligations.

Positives

• The acquisition of shares through restricted stock units aligns the CEO's interests with those of the shareholders.
• The vesting of restricted stock units indicates continued employment and performance.

Negatives

• The disposal of shares to cover tax obligations, while common, slightly reduces the CEO's direct holdings.

Future Outlook

The restricted stock units vest 25% annually, suggesting continued equity-based compensation for the reporting person.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Equity compensation through restricted stock units is a common practice among publicly traded companies to incentivize and retain key executives.
• The vesting schedule of 25% annually is a typical vesting arrangement.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
• Employees may view the equity compensation as a positive sign of company commitment to its leadership.

Key Dates

Keywords

PVH Corp, Stefan Larsson, Form 4, Insider Trading, Restricted Stock Units, Common Stock, Beneficial Ownership, Tax Obligations