PVH Board Chair Receives $5.8K Stock Grant, Holds $65.7K in Family Trusts
PVH Corp Director and Board Chair Michael M. Calbert reported the acquisition of 5,861 restricted stock units (RSUs) on June 18, 2025.
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Rhea-AI Filing Summary
PVH Corp Director and Board Chair Michael M. Calbert reported the acquisition of 5,861 restricted stock units (RSUs) on June 18, 2025. The RSUs were granted as compensation, with 2,776 units awarded for director service and 3,085 units for Board Chair duties.
Following the transaction, Calbert directly owns 20,336 shares, including 13,874 RSUs. Additionally, he holds indirect ownership of 65,700 shares through family trusts, distributed as:
- 42,000 shares in a trust for Calbert and his wife
- 23,700 shares total in three children's trusts (7,900 each)
The newly granted RSUs will fully vest at the earlier of the first anniversary of the grant date or PVH's next annual stockholder meeting. The RSUs were awarded at $0 exercise price.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1 par value | 5,861 | $0.00 | $0.00 |
| holding | Common Stock, $1 par value | -- | -- | -- |
Footnotes (3)
- F1. Represents shares subject to awards of restricted stock units ("RSUs"), consisting of 2,776 RSUs for serving as a non-employee director of Issuer and 3,085 RSUs for serving as Chair of Issuer's Board. The awards vest in full on the earlier of the first anniversary of the grant and the date of the Issuer's next annual meeting of stockholders.
- F2. Includes 13,874 shares of Common Stock subject to awards of restricted stock units.
- F3. These shares are held by a trust for the benefit of Mr. Calbert and his wife (42,000 shares) and trusts for each of his three children (7,900 shares each).
FAQ
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What is the vesting schedule for Michael Calbert's new PVH RSUs?
What was the purchase price of PVH RSUs granted to Michael Calbert?
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