Form 4: PVH Corp Executive Mark Fischer Reports Stock Transaction
SEC Form 4 Filing
EVP, General Counsel & Secretary of PVH Corp, Mark Fischer, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- Mark Fischer, EVP, General Counsel & Secretary of PVH Corp, filed a Form 4.
- The report details a transaction on September 10, 2024, where 536 shares of common stock were disposed of to cover tax obligations.
- The shares were withheld at a price of $92.99 per share.
- Following the transaction, Fischer directly owns 26,393 shares of PVH Corp.
- Fischer also indirectly owns 708.0938 shares through a 401(k) plan.
- 8,899 of the directly owned shares are subject to unvested restricted stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation and tax obligations. There is no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock units, which is a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of stock transaction (disposal of shares). |
| 09/12/2024 | Date of signature on the Form 4 filing. |
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