PVH (PVH) interim CFO Melissa Stone receives cash-settled phantom stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stone Melissa Ann reported acquisition or exercise transactions in this Form 4 filing.
PVH Corp. executive Melissa Ann Stone, EVP and Interim CFO, received a small grant of 0.478 phantom stock units tied to PVH common shares. This award, valued using a reference price of $72.71 per unit, increases her phantom stock balance to 927.5801 units.
The filing explains these are bookkeeping entries in a supplemental savings plan, not actual shares. Each phantom unit represents the right to receive the cash value of one PVH common share, payable in cash after her employment with the company ends, and she can generally reallocate the phantom value to other investments within the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stone Melissa Ann
Role
EVP and Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 0.478 | $72.71 | $34.76 |
Holdings After Transaction:
Phantom Stock — 927.58 shares (Direct, null)
Footnotes (1)
- These are "phantom" shares held in a supplemental savings plan account. 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.
Key Figures
Phantom stock granted: 0.4780 units
Reference price per unit: $72.7100
Total phantom units after grant: 927.5801 units
+2 more
5 metrics
Phantom stock granted
0.4780 units
Grant of phantom stock units on 2026-06-24
Reference price per unit
$72.7100
Transaction price per phantom stock unit
Total phantom units after grant
927.5801 units
Phantom stock balance following transaction
Underlying security
0.4780 shares
Common Stock, par value $1 per share, underlying each unit
Conversion price
$0.0000
Conversion or exercise price for phantom stock entry
Key Terms
Phantom Stock, supplemental savings plan, cash value, Common Stock, par value $1 per share
4 terms
Phantom Stock financial
"These are "phantom" shares held in a supplemental savings plan account."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
supplemental savings plan financial
"These are "phantom" shares held in a supplemental savings plan account."
cash value financial
"Each phantom share represents the right to receive the cash value of one share of Issuer's Common Stock."
FAQ
What did PVH (PVH) EVP and Interim CFO Melissa Ann Stone report in this Form 4?
Melissa Ann Stone reported receiving 0.478 phantom stock units linked to PVH common stock. The grant is a compensation-related award under a supplemental savings plan and is payable in cash based on PVH’s share value after her employment ends.
How many phantom stock units does Melissa Ann Stone hold in PVH (PVH) after this transaction?
After this grant, Melissa Ann Stone holds a total of 927.5801 phantom stock units. These units track the value of PVH common shares and represent cash-settled rights, not actual share ownership or voting power in PVH Corp.
What is phantom stock in the context of PVH (PVH) executive compensation?
Phantom stock is a deferred compensation instrument that mirrors the value of PVH common shares but is paid only in cash. Each phantom share represents the right to receive the cash value of one PVH common share at a future settlement event.
When will PVH (PVH) pay out Melissa Ann Stone’s phantom stock units?
The phantom stock units are payable in cash after Melissa Ann Stone’s employment with PVH ends. At that time, she is entitled to the cash value of each phantom unit, based on the then-current price of PVH common stock.
Did Melissa Ann Stone buy or sell any PVH (PVH) common stock in this Form 4?
No, the Form 4 reports a grant of phantom stock units, not a market trade in PVH common shares. The transaction is categorized as a grant or award acquisition and does not involve buying or selling actual PVH stock.
Can Melissa Ann Stone change how her PVH (PVH) phantom stock is invested?
Yes, the filing states she generally may transfer the value of her phantom stock into an alternative investment at any time. These adjustments occur within the supplemental savings plan’s accounts, without affecting PVH’s actual outstanding common shares.