Form 4: PVH Corp. Executive David Savman Reports Stock Transaction

David Savman, Chief Supply Chain Officer at PVH Corp., reported a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• David Savman, Chief Supply Chain Officer at PVH Corp., filed a Form 4 detailing a transaction on January 3, 2025.
• The transaction involved the withholding of 631 shares of common stock to cover tax obligations related to the vesting of 1,052 restricted stock units.
• The price per share for the transaction was $105.48.
• Following the transaction, Savman directly owns 11,424 shares of PVH Corp. common stock, which includes 9,795 shares subject to restricted stock unit awards.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is neither positive nor negative for the company's overall performance. It is a neutral event.

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 publicly traded companies in the US, and this transaction is typical for executives receiving stock-based compensation.
• The withholding of shares for tax obligations is a common practice in executive compensation plans across various industries.
• Similar transactions are regularly reported by executives at comparable companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine part of executive compensation.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

PVH Corp, David Savman, Form 4, stock transaction, restricted stock units, tax obligations, executive, insider trading