PVH (NYSE: PVH) EMEA CEO receives 9,280 restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PVH CORP. reported that Fredrik Olsson, CEO of PVH EMEA, acquired an award of 9,280 restricted stock units of common stock as compensation. The units vest in four equal installments of 2,320 shares on each anniversary of the grant, with vested shares delivered after vesting.
Following this award, Olsson now has 24,872 shares of common stock listed as directly owned, consisting of unvested restricted stock unit awards. This is a non-cash, non-market transaction and does not reflect an open-market purchase or sale of PVH shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Olsson Fredrik
Role
CEO, PVH EMEA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1.00 par value | 9,280 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $1.00 par value — 24,872 shares (Direct)
Footnotes (1)
- 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% (2,320 shares) on each anniversary of grant. Vested shares are delivered as soon as practicable after they vest. Consists of shares of Common Stock subject to unvested awards of restricted stock units.
Key Figures
RSUs granted: 9,280 units
Vesting per year: 2,320 shares
Shares after transaction: 24,872 shares
+1 more
4 metrics
RSUs granted
9,280 units
Restricted stock unit award to Fredrik Olsson
Vesting per year
2,320 shares
Each anniversary of grant for four years
Shares after transaction
24,872 shares
Total common stock directly owned after award
Transaction price
$0.00 per share
Compensation grant, not open-market purchase
Key Terms
restricted stock units, contingent right, vest, unvested awards
4 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.
contingent right financial
"Each unit represents a contingent right to receive one share of Issuer's Common Stock."
vest financial
"The units vest 25% (2,320 shares) on each anniversary of grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
unvested awards financial
"Consists of shares of Common Stock subject to unvested awards of restricted stock units."
FAQ
What did PVH (PVH) executive Fredrik Olsson report in this Form 4?
Fredrik Olsson reported receiving an award of 9,280 restricted stock units of PVH common stock. This is a compensation grant, not an open-market trade, and represents a contingent right to receive shares as the units vest over time.
How many PVH (PVH) restricted stock units were granted to Fredrik Olsson?
He was granted 9,280 restricted stock units of PVH common stock. Each unit represents a contingent right to receive one share, subject to time-based vesting conditions outlined in the award’s four-year vesting schedule.
What is the vesting schedule for Fredrik Olsson’s new PVH (PVH) restricted stock units?
The 9,280 units vest in four equal annual installments of 2,320 shares each. Vesting occurs on each anniversary of the grant, and PVH delivers the underlying common shares as soon as practicable after each vest date.