TJX (TJX) CFO reports performance and restricted stock awards with tax withholding
Rhea-AI Filing Summary
TJX Companies senior executive vice president and CFO John Klinger reported equity compensation-related transactions in company common stock. He acquired 23,620 shares through settlement of a performance share unit award under the Company’s Stock Incentive Plan, with 11,421 shares withheld by the Company at $155.79 per share to satisfy tax withholding obligations. He also received a restricted stock unit award covering 8,987 shares with service-based vesting; shares will be issued and delivered following vesting, and a portion may be withheld for future taxes. After these transactions, he directly holds 65,085 shares of TJX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 21,186 shares
Net Buy
3 txns
Insider
Klinger John
Role
SEVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,620 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,421 | $155.79 | $1.78M |
| Grant/Award | Common Stock | 8,987 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 74,072 shares (Direct)
Footnotes (3)
- F1. Shares acquired pursuant to the settlement of a performance share unit award granted under the Company's Stock Incentive Plan.
- F2. Shares withheld by the Company to satisfy tax withholding obligations on shares acquired on March 30, 2026 in settlement of performance share unit award, as reflected in Footnote 1.
- F3. Restricted stock unit award under the Company's Stock Incentive Plan with service-based vesting criteria. Shares are issued and delivered following vesting of the award. Shares may be withheld to satisfy tax withholding obligations.
Key Figures
Performance share units settled: 23,620 shares
Shares withheld for taxes: 11,421 shares
Tax withholding price: $155.79 per share
+2 more
5 metrics
Performance share units settled
23,620 shares
Common stock acquired via performance share unit award settlement on March 30, 2026
Shares withheld for taxes
11,421 shares
Withheld by TJX to satisfy tax obligations at $155.79 per share
Tax withholding price
$155.79 per share
Price used for shares withheld on March 30, 2026
Restricted stock unit award
8,987 shares
Service-based vesting RSU award under Stock Incentive Plan
Shares held after transactions
65,085 shares
Direct TJX common stock holdings following reported Form 4 transactions
Key Terms
performance share unit award, Restricted stock unit award, Stock Incentive Plan, tax withholding obligations
4 terms
Restricted stock unit award financial
"Restricted stock unit award under the Company's Stock Incentive Plan with service-based vesting criteria."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Stock Incentive Plan financial
"award granted under the Company's Stock Incentive Plan."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
tax withholding obligations financial
"Shares withheld by the Company to satisfy tax withholding obligations on shares acquired on March 30, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TJX (TJX) CFO John Klinger report in this Form 4 filing?
He reported equity compensation transactions, including performance share units settling into shares and a new restricted stock unit award. Some shares were withheld by TJX to cover tax obligations, and his direct TJX common stock holdings are now 65,085 shares.
What is the restricted stock unit award reported for TJX (TJX) CFO John Klinger?
He received a restricted stock unit award covering 8,987 shares under TJX’s Stock Incentive Plan. These units vest based on continued service, and actual shares will be issued after vesting, with some shares potentially withheld to cover future tax obligations.