Form 4: TJX Companies CFO John Klinger Reports Stock Disposal for Tax Obligations

John Klinger, SEVP and CFO of TJX Companies, reports disposing of 3,218 shares of common stock to cover tax withholding obligations related to a restricted stock unit award.

Summary

• On April 10, 2025, John Klinger, the SEVP and CFO of TJX Companies, disposed of 3,218 shares of common stock.
• The shares were withheld by the company to satisfy tax withholding obligations related to a restricted stock unit award under the company's Stock Incentive Plan.
• The transaction was executed at a price of $127.47 per share.
• Following the transaction, Klinger beneficially owns 53,169 shares of TJX Companies common stock.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

TJX Companies, John Klinger, Form 4, Stock Disposal, Tax Withholding, Restricted Stock Unit, Beneficial Ownership, Insider Trading