PVH EVP granted RSUs; shares withheld for tax
PVH Corp. executive Erik W. Graf, EVP and Controller, received an equity compensation grant tied to company stock.
Rhea-AI Filing Summary
PVH Corp. executive Erik W. Graf, EVP and Controller, received an equity compensation grant tied to company stock. He was awarded 3,712 restricted stock units, each representing one share of PVH common stock, vesting 25% (928 units) on each anniversary of the grant, with shares delivered after vesting.
In connection with the vesting of restricted stock units, 65 shares and 110 shares of common stock were withheld at $80.83 per share to satisfy his tax obligations, rather than being sold in the market. After these transactions, he directly holds 13,023 shares of PVH common stock, including 11,977 shares subject to unvested restricted stock unit awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1 par value | 3,712 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $1 par value | 65 | $80.83 | $5K |
| Exercise Price or Tax Liability | Common Stock, $1 par value | 110 | $80.83 | $9K |
Footnotes (6)
- F1. Represents shares subject to an award of restricted stock units. Each unit represents a contingent right to receive one share of Issuer's Common Stock. The units vest 25% (928 shares) on each anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
- F2. Includes 12,451 shares of Common Stock subject to unvested awards of restricted stock units.
- F3. Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 175 restricted stock units. The restricted stock units previously were reported as directly owned shares.
- F4. Includes 12,276 shares of Common Stock subject to unvested awards of restricted stock units.
- F5. Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 299 restricted stock units. The restricted stock units previously were reported as directly owned shares.
- F6. Includes 11,977 shares of Common Stock subject to unvested awards of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
vesting financial
tax obligations financial
grant, award, or other acquisition financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PVH (PVH) EVP Erik W. Graf report in this Form 4?
How many PVH (PVH) restricted stock units were granted to Erik W. Graf?
What is the vesting schedule for Erik W. Graf’s PVH restricted stock units?
Do the PVH Form 4 transactions indicate open-market buying or selling by Erik W. Graf?
AI-generated analysis. How Rhea-AI works. Not financial advice.