Form 4: TJX Companies Executive Peter Benjamin Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Peter Benjamin, SEVP, Group President of TJX Companies, reports disposing of 5,926 shares of common stock on April 10, 2025, to cover tax withholding obligations related to a restricted stock unit award.
Summary
- Peter Benjamin, a Senior Executive Vice President and Group President at TJX Companies, filed a Form 4 with the SEC.
- The form reports a transaction that occurred on April 10, 2025.
- Mr. Benjamin disposed of 5,926 shares of TJX Companies common stock.
- The disposal was to satisfy tax withholding obligations related to a restricted stock unit award.
- The price per share was $127.47.
- Following the transaction, Mr. Benjamin directly owns 156,478 shares of TJX Companies common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a change in the executive's confidence in the company.
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 from stock-based compensation, a common practice.
Key Dates
| Date | Description |
|---|---|
| January 31, 2025 | Date of Power of Attorney granted to Erica Farrell. |
| April 10, 2025 | Date of the stock disposal transaction. |
| April 14, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, TJX Companies, Peter Benjamin, Stock Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership, SEVP
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.