Form 4: PVH Corp. CEO Stefan Larsson Reports Stock Disposals to Cover Tax Obligations

Stefan Larsson, CEO of PVH Corp., reported the disposal of common stock to cover tax obligations related to the vesting of restricted stock units.

Summary

• On April 5th and 6th, 2025, Stefan Larsson, the CEO of PVH Corp., disposed of shares of common stock to satisfy tax obligations related to the vesting of restricted stock units.
• On April 5th, 3,182 shares were disposed of at a price of $67.72 per share.
• On April 6th, two transactions occurred: 4,641 shares and 5,495 shares were disposed of, both at a price of $67.72 per share.
• Following these transactions, Larsson directly owns 164,165.36 shares of PVH Corp.
• These holdings include unvested awards of restricted stock units: 76,931 shares, 68,540 shares and 58,605 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over time.
• The disposal of shares to cover tax obligations upon vesting is a common practice among executives.
• The amount of shares disposed of is proportional to the value of the vested restricted stock units and the applicable tax rate.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.

Key Dates

Keywords

PVH Corp, Stefan Larsson, stock disposal, Form 4, restricted stock units, tax obligations, insider trading