PVH EVP, Interim CFO granted phantom stock units
Stone Melissa Ann reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 0.478 | $72.71 | $34.76 |
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.
Key Figures
Key Terms
Phantom Stock financial
supplemental savings plan financial
cash value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PVH (PVH) EVP and Interim CFO Melissa Ann Stone report in this Form 4?
How many phantom stock units does Melissa Ann Stone hold in PVH (PVH) after this transaction?
What is phantom stock in the context of PVH (PVH) executive compensation?
When will PVH (PVH) pay out Melissa Ann Stone’s phantom stock units?
Did Melissa Ann Stone buy or sell any PVH (PVH) common stock in this Form 4?
Can Melissa Ann Stone change how her PVH (PVH) phantom stock is invested?
AI-generated analysis. How Rhea-AI works. Not financial advice.