TJX chair Meyrowitz sells 55,624 company shares
TJX Companies Executive Chairman Carol Meyrowitz reported an open-market sale of 55,624 shares of TJX common stock.
Rhea-AI Filing Summary
TJX Companies Executive Chairman Carol Meyrowitz reported an open-market sale of 55,624 shares of TJX common stock. The shares were sold at a weighted average price of $163.6477 per share, across multiple trades between $163.335 and $163.93. After this transaction, Meyrowitz directly holds 201,496 TJX shares, indicating she retains a substantial equity stake while realizing some liquidity.
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Insights
Executive chair executes a sizable but partial open-market sale while retaining a large stake.
Executive Chairman Carol Meyrowitz sold 55,624 shares of TJX common stock in an open-market transaction at a weighted average price of $163.6477 per share. The sale was executed through multiple trades within a narrow price band.
Following the sale, she continues to directly own 201,496 shares, so the transaction represents only a portion of her holdings. There are no derivative positions reported in this filing, suggesting the sale came from existing common shares rather than an option exercise.
The footnote clarifies these were multiple trades between $163.335 and $163.93, a typical pattern for broker-managed executions seeking orderly market impact. As a single disclosed sale without added context such as a trading plan, it appears as routine portfolio management rather than a thesis-changing event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 55,624 | $163.6477 | $9.10M |
Footnotes (1)
- F1. The price reported is the weighted average sales price of shares sold in multiple transactions at prices ranging from $163.335 to $163.93. The reporting person hereby undertakes, upon request of the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
Key Figures
Key Terms
open-market sale financial
weighted average sales price financial
Common Stock financial
non-derivative financial
FAQ
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Was the TJX (TJX) insider transaction an open-market sale or an option exercise?
What does the price range disclosure mean in the TJX (TJX) Form 4?
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