Form 4: TJX Companies Executive Chairman Carol Meyrowitz Reports Stock Transactions

Carol Meyrowitz, Executive Chairman of TJX Companies, reports acquisition and disposal of common stock related to performance share unit settlement and restricted stock unit award.

Summary

• Carol Meyrowitz, the Executive Chairman of TJX Companies, reported transactions involving the company's common stock on March 31, 2025.
• She acquired 75,437 shares through the settlement of a performance share unit award.
• 36,474 shares were withheld by the company to cover tax obligations related to the performance share unit settlement at a price of $121.8.
• Meyrowitz also acquired 19,705 shares through a restricted stock unit award with service-based vesting criteria.
• Following these transactions, Meyrowitz beneficially owns 228,315 shares of TJX Companies stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as the transactions reflect standard executive compensation practices and alignment with company performance. There are no indications of negative events or concerns.

Positives

• The acquisition of shares through performance share units and restricted stock units suggests alignment with company performance and long-term service.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, providing transparency to investors.

Comparison to Industry Standards

• Executive compensation packages often include performance share units and restricted stock units to incentivize executives and align their interests with shareholders, a common practice among publicly traded companies like TJX Companies.
• The reporting of these transactions via Form 4 is a standard regulatory requirement, ensuring transparency in insider trading activities, similar to filings made by executives at comparable retailers such as Ross Stores (ROST) and Burlington Stores (BURL).

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

TJX Companies, Carol Meyrowitz, Stock Transactions, Form 4, Performance Share Units, Restricted Stock Units, Beneficial Ownership, Executive Chairman