PVH Corp Board Member Bhalla Grows Stake with $0 Cost Stock Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PVH Corp director Ajay Bhalla reported the acquisition of 2,776 restricted stock units (RSUs) on June 18, 2025. The RSUs were granted at $0 cost and will fully vest at the earlier of:
- First anniversary of the grant date
- Date of PVH's next annual stockholder meeting
Following this transaction, Bhalla beneficially owns a total of 6,572 shares, which includes the newly granted RSUs. All securities 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 equity ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bhalla Ajay
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 — 6,572 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 Ajay Bhalla's PVH restricted stock units?
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 type of insider is Ajay Bhalla at PVH Corp?
According to the Form 4 filing, Ajay Bhalla serves as a Director of PVH Corp. This is indicated by the 'X' marked in the Director box under Section 5 of the form.