Form 4: TJX Companies Executive Louise Greenlees Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Louise Greenlees, SEVP Group President of TJX Companies, reports disposing of shares to cover tax obligations related to a restricted stock unit award.
Summary
- On April 10, 2024, Louise Greenlees, SEVP Group President of TJX Companies, reported a transaction involving common stock.
- Greenlees disposed of 7,246 shares of common stock at a price of $96.28.
- This disposal was to satisfy tax withholding obligations related to a restricted stock unit award under the company's Stock Incentive Plan.
- Following the transaction, Greenlees beneficially owns 57,741 shares of TJX Companies common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is related to tax obligations, which is a common occurrence when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of stock disposal transaction |
| 04/12/2024 | Date of signature for the report |
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