TJX (TJX) SEVP Douglas Mizzi has 7,158 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TJX Companies senior executive Douglas W. Mizzi reported a routine share withholding related to equity compensation. On April 10, 2026, 7,158 shares of common stock were withheld by the company at $161.60 per share to cover tax obligations on a restricted stock unit award.
These shares were not sold on the open market but used to satisfy tax withholding requirements under the company’s Stock Incentive Plan. After this transaction, Mizzi directly held 280,702 shares of TJX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mizzi Douglas W.
Role
SEVP - Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,158 | $161.60 | $1.16M |
Holdings After Transaction:
Common Stock — 280,702 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 7,158 shares
Per-share valuation for withholding: $161.60 per share
Shares held after transaction: 280,702 shares
3 metrics
Shares withheld for taxes
7,158 shares
Common stock withheld to satisfy tax obligations on RSU award
Per-share valuation for withholding
$161.60 per share
Value used for 7,158 withheld shares on April 10, 2026
Shares held after transaction
280,702 shares
Direct TJX common stock holdings following withholding
Key Terms
restricted stock unit, Stock Incentive Plan, tax withholding obligations, Common Stock
4 terms
restricted stock unit financial
"tax withholding obligations in connection with a restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Stock Incentive Plan financial
"in connection with a restricted stock unit award 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"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did TJX (TJX) executive Douglas Mizzi report?
Douglas W. Mizzi reported a tax-related share disposition, where 7,158 TJX common shares were withheld by the company to satisfy withholding obligations on a restricted stock unit award, rather than sold in the open market.