PVH Corp Board Member Gets $250K+ Stock Award as Long-term Incentive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PVH Corp. Director Jesper Andersen reported acquiring 2,776 restricted stock units (RSUs) on June 18, 2025. The RSUs were granted at $0 cost and will fully vest on either:
- The first anniversary of the grant date, or
- The date of PVH's next annual stockholder meeting, whichever comes first
Following this transaction, Andersen beneficially owns a total of 3,512 shares, which includes the newly granted RSUs. The shares are held directly by the reporting person. This equity grant appears to be part of the company's director compensation program, aligning the director's interests with those of shareholders through stock ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andersen Jesper
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1 par value | 2,776 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $1 par value — 3,512 shares (Direct)
Footnotes (1)
- Represents shares subject to an award of restricted stock units. The award vests in full on the earlier of the first anniversary of the grant and the date of the Issuer's next annual meeting of stockholders. Includes 2,776 shares of Common Stock subject to awards of restricted stock units.
FAQ
What is the vesting schedule for Jesper Andersen's PVH restricted stock units granted in June 2025?
The restricted stock units will vest in full on the earlier of either: (1) the first anniversary of the grant date, or (2) the date of PVH's next annual meeting of stockholders.
What position does Jesper Andersen hold at PVH Corp as disclosed in the Form 4?
According to the Form 4 filing, Jesper Andersen serves as a Director of PVH Corp., as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.