PVH EVP adds small phantom stock award
PVH Corp. executive Melissa Ann Stone, EVP and Interim CFO, received a small grant of phantom stock tied to the company’s common shares.
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Rhea-AI Filing Summary
PVH Corp. executive Melissa Ann Stone, EVP and Interim CFO, received a small grant of phantom stock tied to the company’s common shares. She acquired 0.5179 phantom shares at a reference value of $67.08 per share, bringing her total phantom stock balance to 927.1020 units.
These phantom shares are held in a supplemental savings plan account and are payable in cash after her employment with PVH ends. Each phantom share represents the cash value of one PVH common share, and she can generally switch the value into another investment option at any time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 0.5179 | $67.08 | $34.74 |
Footnotes (2)
- F1. These are "phantom" shares held in a supplemental savings plan account.
- F2. Shares of phantom stock are payable in cash following termination of employment with the Issuer. Each phantom share represents the right to receive the cash value of one share of Issuer's Common Stock. The reporting person generally may transfer the value of her phantom stock into an alternative investment at any time.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PVH (PVH) report for Melissa Ann Stone?
What is phantom stock in the PVH (PVH) filing for Melissa Ann Stone?
How many phantom stock units does PVH (PVH) executive Melissa Ann Stone now hold?
Did Melissa Ann Stone buy or sell PVH (PVH) common stock in this transaction?
When can PVH (PVH) executive Melissa Ann Stone receive cash from her phantom stock?
How is the value of PVH (PVH) phantom stock determined for Melissa Ann Stone?
AI-generated analysis. How Rhea-AI works. Not financial advice.