Form 4: PVH Corp. Executive Acquires Shares and Restricted Stock Units
SEC Filing
Mark D. Fischer, EVP, General Counsel & Secretary of PVH Corp., reports acquisition of shares and restricted stock units.
Summary
- Mark D. Fischer, an executive at PVH Corp., filed a Form 4 detailing changes in beneficial ownership.
- On April 10, 2024, Fischer acquired 2,280 shares of PVH Corp. common stock as restricted stock units at a price of $0.
- Following the transaction, Fischer directly owns 27,385 shares of PVH Corp. common stock.
- Fischer also indirectly owns 707.8523 shares through a 401(k) plan.
- The reported holdings include 10,960 shares subject to unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of restricted stock units aligns the executive's interests with the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of transaction: Acquisition of shares and restricted stock units. |
| 04/12/2024 | Date of signature on the Form 4 filing. |
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