TJX (TJX) SEVP Peter Benjamin reports 68,258-share stock gift transfer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TJX Companies executive Peter Benjamin reported non-market gift transfers of company stock. On June 4, 2026, he made bona fide gifts totaling 68,258 shares of TJX common stock. A footnote states that 34,129 shares were gifted to a Spousal Lifetime Access Trust for the benefit of his spouse.
Following these transactions, Benjamin held 128,193 shares directly and 34,129 shares indirectly through a trust. These are charitable or estate-planning type transfers at $0.0000 per share, not open-market sales or purchases, so they do not reflect trading activity in TJX stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
68,258 shares gifted
Mixed
3 txns
Insider
Benjamin Peter
Role
SEVP, Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 34,129 | $0.00 | -- |
| Gift | Common Stock | 34,129 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 128,193 shares (Direct, null);
Common Stock — 34,129 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Total gifted shares: 68,258 shares
Gift to SLAT: 34,129 shares
Direct holdings after gifts: 128,193 shares
+2 more
5 metrics
Total gifted shares
68,258 shares
Bona fide gifts of TJX common stock on June 4, 2026
Gift to SLAT
34,129 shares
Transferred to Spousal Lifetime Access Trust for spouse
Direct holdings after gifts
128,193 shares
TJX common stock held directly following reported transactions
Indirect holdings after gifts
34,129 shares
TJX common stock held indirectly by trust after transactions
Gift price per share
$0.0000 per share
Consideration for bona fide gift transactions
Key Terms
Bona fide gift, Spousal Lifetime Access Trust, indirect ownership, Common Stock
4 terms
Bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Spousal Lifetime Access Trust financial
"gift of 34,129 shares ... to a Spousal Lifetime Access Trust (SLAT)"
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "By Trust""
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 Peter Benjamin report?
Peter Benjamin reported bona fide gifts of TJX common stock totaling 68,258 shares. These were non-market transfers recorded at $0.0000 per share, reflecting estate or family planning activity rather than open-market buying or selling of TJX shares.
Were Peter Benjamin’s TJX (TJX) transactions open-market sales or purchases?
No. The transactions are coded as “G” for bona fide gifts of TJX common stock at $0.0000 per share. This indicates non-market transfers, such as charitable or estate-planning gifts, rather than discretionary open-market buying or selling of TJX shares.
What does the Spousal Lifetime Access Trust mean in the TJX (TJX) Form 4?
The Form 4 notes a gift of 34,129 TJX shares to a Spousal Lifetime Access Trust (SLAT) benefiting Benjamin’s spouse. This structure is typically used for estate and family planning, indicating the transfer’s purpose is personal wealth planning, not trading TJX stock for profit.