Form 4: PVH Corp. Executive Sells Shares to Cover Tax Obligations
Insider Transaction Report
Erik W. Graf, EVP and Controller of PVH Corp., reported the sale of 63 shares of common stock to satisfy tax withholding requirements related to restricted stock unit vesting.
Summary
- Erik W. Graf, Executive Vice President and Controller of PVH Corp. (PVH), reported a transaction on June 15, 2025.
- The transaction involved the disposition of 63 shares of PVH Common Stock, $1 par value.
- These shares were withheld by the company to cover tax obligations incurred by Mr. Graf upon the vesting of 198 restricted stock units.
- The shares were disposed of at a price of $62.7 per share.
- Following this transaction, Mr. Graf beneficially owns 6,780 shares of PVH Common Stock, which includes 6,114 shares subject to unvested restricted stock units.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding event, which is neutral in sentiment. It does not indicate a change in the executive's confidence in the company, nor does it suggest any significant positive or negative developments.
Negatives
- A small number of shares (63) were sold by an executive, which, while for tax purposes, represents a reduction in direct ownership.
Future Outlook
NA
Industry Context
This Form 4 filing details a routine insider transaction for tax purposes and does not provide broader industry context or trends. It is a standard disclosure for executive compensation and stock vesting.
Stakeholder Impact
- Shareholders: Minimal direct impact. The sale of 63 shares is a very small fraction of the company's outstanding shares and is a routine tax-related transaction, unlikely to significantly influence shareholder perception or share price.
- Employees: No direct impact.
- Customers: No direct impact.
- Suppliers: No direct impact.
- Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 06/15/2025 | Date of transaction where shares were disposed of for tax obligations. |
| 06/16/2025 | Date the Form 4 was signed by Erik W. Graf. |
Keywords
PVH Corp, PVH, Erik W. Graf, Form 4, SEC filing, insider transaction, stock sale, restricted stock units, tax withholding, executive compensation
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