Form 4: TJX Companies Executive Mizzi Douglas W. Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Douglas W. Mizzi, SEVP Group President at TJX Companies, reported disposing of 8,333 shares of common stock to cover tax withholding obligations related to a restricted stock unit award.
Summary
- On April 10, 2024, Douglas W. Mizzi, SEVP Group President of TJX Companies, disposed of 8,333 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 $96.28 per share.
- Following the transaction, Mizzi directly owns 229,970 shares of TJX Companies common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| May 3, 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 on the Form 4 filing. |
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