Form 4: PVH Corp Executive Mark Fischer Reports Changes in Beneficial Ownership

EVP, General Counsel & Secretary of PVH Corp, Mark Fischer, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• Mark Fischer, EVP, General Counsel & Secretary of PVH Corp, filed a Form 4 detailing changes in beneficial ownership.
• The transactions involved the withholding of PVH Corp common stock to satisfy tax obligations related to the vesting of restricted stock units.
• On April 5, 2025, 558 shares were withheld at a price of $67.72, resulting in a beneficial ownership of 22,545 shares.
• On April 6, 2025, two transactions occurred: 814 shares were withheld at $67.72, followed by 347 shares withheld at the same price, resulting in a final beneficial ownership of 21,384 shares.
• These totals include shares of Common Stock subject to unvested awards of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to executive compensation, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend within the apparel industry.

Comparison to Industry Standards

• Executive compensation practices, including the use of restricted stock units, are common across publicly traded companies, including PVH Corp's competitors such as Ralph Lauren Corporation (RL) and Tapestry, Inc. (TPR).
• The withholding of shares for tax obligations upon vesting of restricted stock units is a standard practice.
• The specific number of shares and value involved are dependent on the individual's compensation package and the company's stock performance.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, PVH Corp, Mark Fischer, Restricted Stock Units, Tax Obligations, Common Stock