Form 4: PVH Corp. CEO Stefan Larsson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stefan Larsson, CEO of PVH Corp., reports changes in beneficial ownership due to tax obligations related to vesting of restricted stock units.
Summary
- On September 10, 2024, Stefan Larsson, the CEO of PVH Corp., had 1,598 shares of common stock withheld to satisfy tax obligations related to the vesting of 2,922 restricted stock units.
- The shares were withheld at a price of $92.99 per share.
- Following the transaction, Larsson beneficially owns 177,483.36 shares of PVH Corp. common stock, which includes 82,684 shares subject to unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the holdings and transactions of key company personnel.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily reflects internal compensation adjustments and tax obligations of the CEO.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: shares withheld for tax obligations. |
| 09/12/2024 | Date of signature on the report. |
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