Form 4: PVH Corp. Chief People Officer Amba Subrahmanyam Reports Stock Transaction

Amba Subrahmanyam, Chief People Officer of PVH Corp., reported a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• Amba Subrahmanyam, the Chief People Officer of PVH Corp., filed a Form 4 indicating a transaction on January 3, 2025.
• The transaction involved the withholding of 211 shares of PVH Corp. common stock at a price of $105.48 per share.
• These shares were withheld to satisfy tax obligations related to the vesting of 351 restricted stock units.
• Following the transaction, Subrahmanyam beneficially owns 20,919 shares of PVH Corp. common stock, which includes 15,234 shares subject to restricted stock unit awards.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in publicly traded companies like PVH Corp.
• The transaction is typical of how companies handle tax obligations related to vesting of restricted stock units, which is a common form of executive compensation.
• Other companies in the apparel industry, such as Ralph Lauren (RL) and Tapestry (TPR), also have similar filings when their executives transact in company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax withholding.

Key Dates

Keywords

PVH Corp, Amba Subrahmanyam, stock transaction, Form 4, restricted stock units, insider trading, tax obligations, beneficial ownership