Form 4: TJX Companies Executive Chairman Carol Meyrowitz Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Carol Meyrowitz, Executive Chairman of TJX Companies, disposed of 17,358 shares of common stock on April 10, 2024, to satisfy tax withholding obligations related to a restricted stock unit award.
Summary
- On April 10, 2024, Carol Meyrowitz, the Executive Chairman of TJX Companies, reported a transaction involving the disposal of company stock.
- The transaction involved the disposal of 17,358 shares of common stock.
- The shares were disposed of to cover tax withholding obligations related to a restricted stock unit award under the company's Stock Incentive Plan.
- The price per share for the disposal was $96.28.
- Following the transaction, Meyrowitz directly owns 170,494 shares of TJX Companies stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock disposal for tax obligations) and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations, which is a common reason for stock disposals.
Key Dates
| Date | Description |
|---|---|
| April 1, 2019 | Date of Power of Attorney granted to Erica Farrell. |
| 04/10/2024 | Date of the stock disposal transaction. |
| 04/12/2024 | Date of signature for the Form 4 filing. |
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