Form 4: PVH Corp Executive Amba Subrahmanyam Reports Stock Transactions to Cover Tax Obligations

Amba Subrahmanyam, Chief People Officer of PVH Corp, filed a Form 4 detailing stock transactions related to covering tax obligations from vesting restricted stock units.

Summary

• Amba Subrahmanyam, Chief People Officer of PVH Corp, reported changes in beneficial ownership of PVH Corp stock on April 6, 2024.
• The transactions involved the withholding of shares to satisfy tax obligations related to the vesting of restricted stock units.
• Specifically, 574 shares were withheld at a price of $108.66 per share, resulting in a revised total of 17,731 shares beneficially owned.
• An additional 531 shares were withheld at the same price, further reducing the total to 17,200 shares.
• These transactions were initially reported on a previous Form 4 filed on April 9, 2024, but this filing replaces the prior one due to a filing error.
• The reporting person directly owns all shares.
• The total includes 12,430 shares of Common Stock subject to awards of restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations of an executive.

Key Dates