Form 4: PVH Corp. Executive David Savman Reports Changes in Beneficial Ownership

David Savman, Global Head of Operations and Chief Supply Chain Officer at PVH Corp., reports changes in beneficial ownership due to tax obligations related to vesting restricted stock units.

Summary

• On April 6, 2025, David Savman, Global Head of Operations and Chief Supply Chain Officer at PVH Corp., reported changes in his beneficial ownership of PVH Corp. common stock.
• 578 shares were disposed of to satisfy tax obligations related to the vesting of 1,045 restricted stock units at a price of $67.72 per share.
• Following the transaction, Savman directly owns 10,846 shares of PVH Corp. common stock, including 8,750 shares subject to unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports a transaction for tax purposes.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It is a standard practice for executives to sell shares to cover tax obligations when restricted stock units vest.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

Keywords

PVH Corp, David Savman, Beneficial Ownership, Form 4, Restricted Stock Units, Tax Obligations, Insider Trading