TJX director adds shares via deferred stock awards
TJX Companies director Rosemary T. Berkery reported routine equity compensation activity.
Rhea-AI Filing Summary
TJX Companies director Rosemary T. Berkery reported routine equity compensation activity. She exercised 802 shares of Deferred Stock Units into Common Stock, bringing her direct Common Stock holdings to 13,398 shares. She also received several awards of deferred shares under the Stock Incentive Plan, including awards with a grant date fair value of $105,000 and additional dividend-equivalent deferred shares tied to prior awards. These transactions are compensation-related grants and conversions, and no shares were sold in the reported activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
802 shares exercised/converted
Exercise
6 txns
Insider
BERKERY ROSEMARY T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 636.87 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 110.48 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 636.87 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 8.4 | $0.00 | $0.00 |
| Exercise | Deferred Stock Units | 802 | $0.00 | $0.00 |
| Exercise | Common Stock | 802 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 11,758.64 contracts (Direct);
Common Stock — 13,398 shares (Direct)
Footnotes (5)
- F1. Receipt of shares from an additional deferred share award granted on June 10, 2025 (and corresponding disposition of such award) in accordance with the terms of the Stock Incentive Plan. Includes an amount equal to the aggregate dividends for which there has been a record date since June 10, 2025.
- F2. Constitutes an annual award of deferred shares under the Stock Incentive Plan having a grant date fair value of $105,000. Shares will be delivered following the Director's departure from the Board, under and subject to the terms of the Plan.
- F3. Constitutes an award of deferred shares under the Stock Incentive Plan having a grant date fair value equal to the aggregate dividends on any previously granted annual award of deferred shares under the Plan for which there has been a record date since June 10, 2025. Deferred shares will be delivered at the same time the shares subject to the annual award are delivered, under and subject to the terms of the Plan.
- F4. Constitutes an additional award of deferred shares under the Stock Incentive Plan having a grant date fair value of $105,000. Shares vest on the date immediately preceding the date of the Company's annual meeting of shareholders next succeeding the award grant date, provided that the recipient is still a Director on that date or, to the extent provided by the terms of the award document, in connection with an earlier Change of Control. Vested shares will be delivered following vesting or following the Director's departure from the Board, in accordance with the Director's advance irrevocable election, if any, under and subject to the terms of the Plan.
- F5. Constitutes an award of deferred shares under the Stock Incentive Plan having a value equal to the aggregate dividends on any previously granted additional award of deferred shares under the Plan, which have not yet been delivered to the Director, and for which there has been a record date since June 10, 2025. Deferred shares will be delivered at the same time the shares subject to the applicable additional award are delivered, under and subject to the terms of the Plan.
Key Figures
Common shares acquired: 802 shares
Common shares held after: 13,398 shares
Deferred Stock Units exercised: 802 units
+3 more
6 metrics
Common shares acquired
802 shares
Common Stock received from Deferred Stock Units exercise on June 9, 2026
Common shares held after
13,398 shares
Direct Common Stock holdings following the reported transactions
Deferred Stock Units exercised
802 units
Deferred Stock Units converted into Common Stock
Annual deferred share award value
$105,000
Grant date fair value of an annual deferred share award under the Stock Incentive Plan
Additional deferred share award value
$105,000
Grant date fair value of an additional deferred share award under the Stock Incentive Plan
Dividend-equivalent deferred shares example
110.48 shares
Deferred shares equal to aggregate dividends on prior awards since June 10, 2025
Key Terms
Deferred Stock Units, Stock Incentive Plan, grant date fair value, aggregate dividends, +1 more
5 terms
Deferred Stock Units financial
"Receipt of shares from an additional deferred share award granted on June 10, 2025..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Stock Incentive Plan financial
"in accordance with the terms of the 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.
grant date fair value financial
"having a grant date fair value of $105,000."
The grant date fair value is the estimated dollar worth of a stock-based award (such as stock options or restricted shares) at the exact moment it is given to an employee or contractor. Investors care because companies use that value to record compensation expenses and to show how much potential ownership and earnings dilution those awards could create—think of it as the price tag placed on a gift card when it is handed over so the company can report the cost now.
aggregate dividends financial
"having a grant date fair value equal to the aggregate dividends on any previously granted annual award..."
Change of Control financial
"in connection with an earlier Change of Control."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TJX (TJX) director Rosemary T. Berkery report?
Rosemary T. Berkery reported exercising 802 Deferred Stock Units into Common Stock and receiving several new deferred share awards under TJX’s Stock Incentive Plan. All reported transactions were equity compensation-related acquisitions, with no open-market purchases or sales disclosed.
How do TJX deferred stock units work for director Rosemary T. Berkery?
Deferred stock units represent rights to receive TJX Common Stock in the future. For Rosemary T. Berkery, shares are generally delivered after she leaves the Board or upon vesting, under the terms of the Stock Incentive Plan and her award elections.
What role do dividend-equivalent awards play in TJX director compensation?
The filing notes awards of deferred shares equal to aggregate dividends on previously granted deferred share awards since June 10, 2025. These dividend-equivalent deferred shares are delivered at the same time as the related underlying deferred share awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
