Form 4: TJX Executive Benjamin Peter Reports Stock Gift to Trust
Statement of Changes in Beneficial Ownership
SEVP and Group President Benjamin Peter transferred 34,129 shares of TJX Companies common stock to a Spousal Lifetime Access Trust.
Summary
- Benjamin Peter, SEVP and Group President of TJX Companies, executed a gift of 34,129 shares of common stock on June 4, 2026.
- The shares were transferred from direct ownership to a Spousal Lifetime Access Trust (SLAT).
- Following the transaction, the reporting person maintains direct ownership of 128,193 shares.
- The transaction was executed at a price of $0, reflecting a gift rather than a market sale.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative filing regarding personal estate planning rather than a market-driven transaction.
Positives
- The transaction represents a change in ownership structure rather than a divestment of equity, indicating continued long-term alignment with the company.
Negatives
- None identified; this is a routine estate planning transaction.
Risks
- None identified; this is a routine estate planning transaction.
Future Outlook
Not applicable as this is a disclosure of a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that executive stock transfers to trusts are standard estate planning maneuvers and do not typically signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The filing is consistent with standard SEC reporting requirements for corporate insiders managing personal wealth and estate planning.
Related Party Transactions
- Transfer of shares to a Spousal Lifetime Access Trust (SLAT) for the benefit of the reporting person's spouse.
Stakeholder Impact
- No material impact on shareholders, employees, or company operations.
Next Steps
- None
Key Dates
| Date | Description |
|---|---|
| 06/04/2026 | Date of the gift transaction involving 34,129 shares. |
| 06/05/2026 | Date of the filing signature. |
Keywords
TJX, Insider Trading, Form 4, Executive Compensation, Estate Planning, Stock Ownership
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