Form 4: PVH Corp. Chief People Officer Reports Stock Transactions

PVH Corp.'s Chief People Officer, Amba Subrahmanyam, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• On April 9, 2024, Amba Subrahmanyam, Chief People Officer of PVH Corp., reported transactions involving the company's common stock.
• Shares were withheld to satisfy tax obligations related to the vesting of restricted stock units.
• Specifically, 1,049 shares were withheld at a price of $108.66 per share.
• Additionally, 970 shares were withheld at a price of $108.66 per share.
• Following these transactions, the reporting person beneficially owns 17,200 shares, including 13,400 shares subject to awards of restricted stock units.
• After the second transaction, the reporting person beneficially owns 17,200 shares, including 12,430 shares subject to awards of restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. This filing indicates activity related to compensation and tax obligations, which is a common occurrence.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they relate to internal compensation and tax obligations of a company officer.

Key Dates