Form 4: PVH Corp. Executive Reports Stock Transactions to Cover Tax Obligations
SEC Form 4 Filing
A PVH Corp. executive, identified as the Chief People Officer, reported the disposal of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On April 6, 2024, a PVH Corp. executive, the Chief People Officer, reported transactions involving the company's common stock.
- The transactions involved the disposal of shares to satisfy tax obligations related to the vesting of restricted stock units.
- A total of 574 shares were disposed of at a price of $108.66 to cover taxes related to 1,049 restricted stock units.
- An additional 531 shares were disposed of at the same price to cover taxes related to 970 restricted stock units.
- Following these transactions, the reporting person beneficially owns 17,200 shares, including 12,430 shares subject to awards of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions for tax purposes, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 04/06/2024 | Date of stock transactions (disposal of shares to cover tax obligations). |
| 04/09/2024 | Date of signature on the Form 4 filing. |
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