Form 4: PVH Corp. Executive Zachary Coughlin Reports Stock Transactions

EVP and CFO of PVH Corp., Zachary Coughlin, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• Zachary Coughlin, EVP and Chief Financial Officer of PVH Corp., filed a Form 4 detailing changes in beneficial ownership.
• On April 6, 2024, shares of common stock were withheld to satisfy tax obligations related to the vesting of restricted stock units.
• 1,434 shares were withheld at a price of $108.66 per share related to 2,623 restricted stock units vesting.
• An additional 1,615 shares were withheld at a price of $108.66 per share related to 2,954 restricted stock units vesting.
• Following these transactions, Coughlin directly owns 28,972.924 shares, including 22,344 shares subject to restricted stock unit awards.
• After the second transaction, Coughlin directly owns 27,357.924 shares, including 19,390 shares subject to restricted stock unit awards.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock transactions.

Key Dates