Form 4: TJX Companies SEVP, CFO John Klinger Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John Klinger, SEVP and CFO of TJX Companies, reports acquisition and disposal of common stock related to performance share unit settlement and restricted stock unit award.
Summary
- On March 31, 2025, John Klinger, SEVP and CFO of TJX Companies, reported changes in beneficial ownership of TJX common stock.
- Klinger acquired 7,354 shares of common stock through the settlement of a performance share unit award.
- He also acquired 10,510 shares through a restricted stock unit award with service-based vesting criteria.
- 3,556 shares were withheld by the company to satisfy tax obligations related to the performance share unit settlement at a price of $121.8 per share.
- Following these transactions, Klinger directly owns 56,387 shares of TJX common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The acquisition of shares through performance and restricted stock units aligns Klinger's interests with the company's performance and long-term growth.
Future Outlook
The report does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with shareholders.
Stakeholder Impact
- The transactions reflect changes in the executive's stake in the company, which may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| January 30, 2023 | Date of Power of Attorney granted to Erica Farrell. |
| March 31, 2025 | Date of transactions involving common stock acquisition and disposal. |
| April 02, 2025 | Date of signature for the report. |
Keywords
TJX Companies, John Klinger, beneficial ownership, Form 4, performance share unit, restricted stock unit, common stock, SEVP, CFO
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