TJX (TJX) Executive Chairman has 11,930 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TJX Companies Executive Chairman Carol Meyrowitz reported a tax-related share disposition tied to equity compensation. On April 10, 2026, 11,930 shares of TJX common stock were withheld by the company at $161.60 per share to cover tax obligations on a restricted stock unit award under the company's stock incentive plan. After this non-market transaction, Meyrowitz directly holds 257,120 shares of TJX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MEYROWITZ CAROL
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,930 | $161.60 | $1.93M |
Holdings After Transaction:
Common Stock — 257,120 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 11,930 shares
Withholding price per share: $161.60 per share
Shares held after transaction: 257,120 shares
3 metrics
Shares withheld for taxes
11,930 shares
Tax-withholding disposition on April 10, 2026
Withholding price per share
$161.60 per share
Valuation used for tax withholding
Shares held after transaction
257,120 shares
Direct TJX common stock ownership post-transaction
Key Terms
restricted stock unit, tax withholding obligations, Stock Incentive Plan
3 terms
restricted stock unit financial
"in connection with a restricted stock unit award under the Company's Stock Incentive Plan"
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.
tax withholding obligations financial
"Shares withheld by the Company to satisfy tax withholding obligations in connection with a restricted stock unit award"
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.
FAQ
What insider transaction did TJX (TJX) Executive Chairman Carol Meyrowitz report?
Carol Meyrowitz reported a tax-related disposition of 11,930 TJX common shares. The shares were withheld by the company to satisfy tax obligations arising from a restricted stock unit award, rather than sold in the open market.
Was the TJX (TJX) Meyrowitz Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. TJX withheld 11,930 shares to cover Meyrowitz’s tax withholding obligations on a restricted stock unit award granted under the company’s stock incentive plan.