PVH (PVH) director Michael Calbert receives 4,932 RSUs and updates holdings
Rhea-AI Filing Summary
CALBERT MICHAEL M reported acquisition or exercise transactions in this Form 4 filing.
PVH Corp. director Michael M. Calbert reported a stock-based compensation award and his current shareholdings. He received 4,932 restricted stock units (RSUs), split between 2,336 RSUs for serving as a non-employee director and 2,596 RSUs for serving as Chair of the Board, at a price of $0.00 per share. These RSUs vest in full on the earlier of the first anniversary of the grant or the date of PVH’s next annual meeting of stockholders. Following this award, Calbert holds 25,268 shares of common stock directly, which includes 18,806 shares subject to RSU awards, and 65,700 shares indirectly through family trusts for himself, his wife, and his three children.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,932 shares
Net Buy
2 txns
Insider
CALBERT MICHAEL M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1 par value | 4,932 | $0.00 | $0.00 |
| holding | Common Stock, $1 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $1 par value — 25,268 shares (Direct);
Common Stock, $1 par value — 65,700 shares (Indirect, By Family Trusts)
Footnotes (3)
- F1. Represents shares subject to awards of restricted stock units ("RSUs"), consisting of 2,336 RSUs for serving as a non-employee director of Issuer and 2,596 RSUs for serving as Chair of Issuer's Board. The awards vest in full on the earlier of the first anniversary of the grant and the date of the Issuer's next annual meeting of stockholders.
- F2. Includes 18,806 shares of Common Stock subject to awards of restricted stock units.
- F3. These shares are held by a trust for the benefit of Mr. Calbert and his wife (42,000 shares) and trusts for each of his three children (7,900 shares each).
Key Figures
New RSU award: 4,932 RSUs
Director service RSUs: 2,336 RSUs
Chair service RSUs: 2,596 RSUs
+5 more
8 metrics
New RSU award
4,932 RSUs
Grant for non-employee director and Chair roles
Director service RSUs
2,336 RSUs
For serving as non-employee director
Chair service RSUs
2,596 RSUs
For serving as Chair of the Board
Direct holdings after grant
25,268 shares
Common stock held directly after transaction
Direct RSU-based shares
18,806 shares
Common stock subject to RSU awards
Indirect family trust holdings
65,700 shares
Common stock in family trusts
Spousal trust shares
42,000 shares
Trust for benefit of Mr. Calbert and his wife
Child trust shares
7,900 shares each
Trusts for each of three children
Key Terms
restricted stock units ("RSUs"), non-employee director, Chair of Issuer's Board, annual meeting of stockholders, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents shares subject to awards of restricted stock units ("RSUs"), consisting of 2,336 RSUs..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
non-employee director financial
"2,336 RSUs for serving as a non-employee director of Issuer..."
Chair of Issuer's Board financial
"2,596 RSUs for serving as Chair of Issuer's Board."
annual meeting of stockholders financial
"The awards vest in full on the earlier of the first anniversary of the grant and the date of the Issuer's next annual meeting of stockholders."
Family Trusts financial
"These shares are held by a trust for the benefit of Mr. Calbert and his wife..."
FAQ
What did PVH (PVH) director Michael Calbert report in this Form 4?
Michael Calbert reported receiving 4,932 restricted stock units as equity compensation and updated his direct and indirect holdings in PVH common stock. The filing reflects routine stock-based awards for his roles as non-employee director and Chair of the Board.
How many PVH (PVH) restricted stock units were granted to Michael Calbert?
He received 4,932 restricted stock units, including 2,336 RSUs for serving as a non-employee director and 2,596 RSUs for serving as Chair of the Board. These RSUs represent stock-based compensation rather than an open-market share purchase.
When do Michael Calbert’s new PVH (PVH) RSU awards vest?
The 4,932 RSUs vest in full on the earlier of the first anniversary of the grant date or the date of PVH’s next annual meeting of stockholders. Vesting determines when these awards convert into actual shares he can own outright.
Was Michael Calbert’s PVH (PVH) RSU grant an open-market stock purchase?
No, the 4,932 RSUs were granted at a price of $0.00 per share as compensation. They are equity awards tied to his board service, not shares he bought in the open market, and will vest based on the disclosed schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
