PVH (PVH) CPO Amba has 273 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PVH Corp.'s Chief People Officer, Subrahmanyam Amba, had 273 shares of common stock withheld at $83.26 per share to cover tax obligations. This withholding was tied to the vesting of 493 restricted stock units. After the transaction, he directly holds 27,005 shares of PVH common stock, including 15,026 shares subject to unvested restricted stock unit awards. The event reflects routine tax withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Subrahmanyam Amba
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $1 par value | 273 | $83.26 | $23K |
Holdings After Transaction:
Common Stock, $1 par value — 27,005 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 493 restricted stock units. The restricted stock units previously were reported as directly owned shares. Includes 15,026 shares of Common Stock subject to unvested awards of restricted stock units.
Key Figures
Shares withheld for taxes: 273 shares
Withholding price: $83.26 per share
Shares after transaction: 27,005 shares
+2 more
5 metrics
Shares withheld for taxes
273 shares
Tax-withholding disposition on PVH common stock
Withholding price
$83.26 per share
Price used for 273 withheld shares
Shares after transaction
27,005 shares
Direct PVH holdings following tax withholding
RSUs vested
493 restricted stock units
Units that vested, triggering tax obligation
Unvested RSU-related shares
15,026 shares
PVH common stock subject to unvested RSU awards
Key Terms
restricted stock units, tax obligations, withheld, unvested awards
4 terms
restricted stock units financial
"in connection with the vesting of 493 restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligations financial
"shares withheld to satisfy the Reporting Person's tax obligations"
withheld financial
"Represents shares withheld to satisfy the Reporting Person's tax obligations"
unvested awards financial
"Includes 15,026 shares of Common Stock subject to unvested awards of restricted stock units."
FAQ
What did PVH (PVH) Chief People Officer Subrahmanyam Amba report in this Form 4?
Subrahmanyam Amba reported that 273 PVH common shares were withheld at $83.26 each to cover tax obligations from vesting restricted stock units. This is a routine tax-withholding transaction, not an open-market stock sale.