Form 4: PVH Corp. Executive Erik W. Graf Reports Routine Stock Transaction for Tax Obligations

Erik W. Graf, EVP and Controller of PVH Corp., reported a routine disposition of 38 shares of common stock to cover tax obligations related to the vesting of restricted stock units.

Summary

• Erik W. Graf, Executive Vice President and Controller of PVH Corp. (PVH), reported a transaction on June 17, 2025.
• The transaction involved the disposition of 38 shares of PVH Common Stock.
• These shares were withheld by the company to satisfy tax obligations incurred by Mr. Graf upon the vesting of 119 restricted stock units.
• The price per share for the disposition was $64.12.
• Following this transaction, Mr. Graf beneficially owns 6,742 shares of PVH Common Stock.
• This total includes 5,995 shares that are subject to unvested restricted stock unit awards.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive because the transaction indicates the vesting of equity awards, which is a positive event for the executive. The disposition of shares is merely a tax withholding, a routine and expected part of equity compensation, rather than a discretionary sale.

Positives

• The transaction indicates the vesting of 119 restricted stock units for Erik W. Graf, which is a positive event for the executive as it represents earned equity compensation.

Negatives

• 38 shares of common stock were disposed of, reducing the direct beneficial ownership of the reporting person. This is a standard tax withholding, not a discretionary sale.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider equity transaction, specifically related to the vesting of restricted stock units and subsequent tax withholding. Such transactions are common across all industries for executives receiving equity compensation and do not typically reflect broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: The disposition of 38 shares is a very minor dilution event, unlikely to have any material impact on existing shareholders. The vesting of RSUs indicates ongoing executive compensation practices.
• Employees: The vesting of restricted stock units for an executive highlights the company's equity compensation program, which can be a positive for employee morale and retention.

Key Dates

Keywords

PVH Corp, PVH, Erik W. Graf, Form 4, SEC filing, insider transaction, stock vesting, restricted stock units, equity compensation, tax withholding