TJX CEO Herrman sells 67,551 company shares
TJX Companies CEO & President Ernie Herrman reported open-market sales of a total of 67,551 shares of TJX common stock across three days.
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Rhea-AI Filing Summary
TJX Companies CEO & President Ernie Herrman reported open-market sales of a total of 67,551 shares of TJX common stock across three days. He sold 29,549 shares on June 3 at a weighted average price of $157.4564, 28,000 shares on June 4 at $158.3250, and 10,002 shares on June 5 at $160.6796. After these transactions, he directly holds 514,848 shares of TJX common stock. The reported prices are weighted averages for multiple trades within the stated intraday price ranges.
Insights
TJX’s CEO executed open-market stock sales while retaining a large remaining stake.
The filing shows CEO & President Ernie Herrman conducted three open-market sales totaling 67,551 shares of TJX common stock at weighted average prices around the mid-$150s to low $160s. All transactions involve non-derivative shares held directly.
Following these sales, Herrman still directly owns 514,848 shares, indicating he retains a substantial equity position. There are no derivative positions listed, and the footnotes clarify that each reported price is a weighted average of multiple trades within specified price ranges.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,002 | $160.6796 | $1.61M |
| Sale | Common Stock | 28,000 | $158.325 | $4.43M |
| Sale | Common Stock | 29,549 | $157.4564 | $4.65M |
Footnotes (3)
- F1. The price reported is the weighted average sales price of shares sold in multiple transactions at prices ranging from $157.25 to $157.72. 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.
- F2. The price reported is the weighted average sales price of shares sold in multiple transactions at prices ranging from $158.25 to $158.35. 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.
- F3. The price reported is the weighted average sales price of shares sold in multiple transactions at prices ranging from $160.66 to $160.795. 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
Form 4 regulatory
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