Form 4: PVH Corp. CEO Stefan Larsson Reports Changes in Beneficial Ownership

Stefan Larsson, CEO of PVH Corp., reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• On April 14, 2024, Stefan Larsson, the CEO of PVH Corp., reported a transaction on Form 4.
• The transaction involved the withholding of 2,517 shares of common stock at a price of $105.59 to satisfy tax obligations related to the vesting of 4,603 restricted stock units.
• Following the transaction, Larsson beneficially owns 189,247.36 shares of PVH Corp. common stock.
• This total includes 85,606 shares subject to unvested restricted stock units and 30,584 shares subject to unvested performance share units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine transaction related to tax obligations on vested equity.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it is a routine tax-related share withholding.

Key Dates