PVH (PVH) director Brent Callinicos awarded 2,336 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Callinicos Brent reported acquisition or exercise transactions in this Form 4 filing.
PVH Corp. director Brent Callinicos reported receiving an award of 2,336 shares of common stock in the form of restricted stock units. The filing states that this award vests in full on the earlier of the first anniversary of the grant date and the company’s next annual meeting of stockholders. Following this grant, Callinicos directly holds 24,276 shares of PVH common stock, including the 2,336 shares subject to restricted stock unit awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Callinicos Brent
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1 par value | 2,336 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $1 par value — 24,276 shares (Direct, null)
Footnotes (1)
- Represents shares subject to an award of restricted stock units. The award vests in full on the earlier of the first anniversary of the grant and the date of the Issuer's next annual meeting of stockholders. Includes 2,336 shares of Common Stock subject to awards of restricted stock units.
Key Figures
Restricted stock units granted: 2,336 shares
Grant price per share: $0.00 per share
Total shares after transaction: 24,276 shares
3 metrics
Restricted stock units granted
2,336 shares
Award of RSUs to director on transaction date
Grant price per share
$0.00 per share
Equity award, no cash paid by reporting person
Total shares after transaction
24,276 shares
Direct holdings of Brent Callinicos following the grant
Key Terms
restricted stock units, annual meeting of stockholders, Grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents shares subject to an award of 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.
annual meeting of stockholders financial
"on the earlier of the first anniversary of the grant and the date of the Issuer's next annual meeting of stockholders."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did PVH (PVH) director Brent Callinicos report?
Brent Callinicos reported receiving 2,336 PVH common shares as a restricted stock unit award. This is a compensation-related equity grant at no cash cost, rather than an open-market share purchase or sale by the director.
What are the vesting terms of Brent Callinicos’s new PVH restricted stock units?
The 2,336 restricted stock units vest in full on the earlier of two dates: the first anniversary of the grant date or the date of PVH’s next annual meeting of stockholders. This schedule ties vesting to board service and the shareholder meeting timeline.
What does transaction code “A” mean in Brent Callinicos’s PVH Form 4?
Transaction code “A” denotes a grant, award, or other acquisition of securities. In this filing, it reflects a compensation-related grant of 2,336 restricted stock units, rather than a discretionary market trade by Brent Callinicos.