TJX (TJX) SEVP Douglas Mizzi granted shares; some withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TJX Companies executive Douglas W. Mizzi, SEVP – Group President, received equity compensation and related tax withholding adjustments. He acquired 47,238 shares of common stock through settlement of a performance share unit award and 8,987 shares via a restricted stock unit award under the company’s Stock Incentive Plan. To cover tax obligations on the performance share settlement, 22,840 shares were withheld by the company at a price of $155.79 per share. After these transactions, he directly holds 287,860 shares of TJX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Mizzi Douglas W.
Role
SEVP - Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,238 | $0.00 | -- |
| Tax Withholding | Common Stock | 22,840 | $155.79 | $3.56M |
| Grant/Award | Common Stock | 8,987 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 301,713 shares (Direct)
Footnotes (1)
- Shares acquired pursuant to the settlement of a performance share unit award granted under the Company's Stock Incentive Plan. Shares withheld by the Company to satisfy tax withholding obligations on shares acquired on March 30, 2026 in settlement of performance share unit award, as reflected in Footnote 1. Restricted stock unit award under the Company's Stock Incentive Plan with service-based vesting criteria. Shares are issued and delivered following vesting of the award. Shares may be withheld to satisfy tax withholding obligations.
Key Figures
Performance share unit settlement: 47,238 shares
Restricted stock unit award: 8,987 shares
Shares withheld for taxes: 22,840 shares
+2 more
5 metrics
Performance share unit settlement
47,238 shares
Common stock acquired via performance share unit settlement on March 30, 2026
Restricted stock unit award
8,987 shares
RSU award under Stock Incentive Plan with service-based vesting
Shares withheld for taxes
22,840 shares
Withheld to satisfy tax obligations on PSU settlement at $155.79 per share
Withholding price
$155.79 per share
Price applied to shares withheld for tax obligations on March 30, 2026
Shares held after transactions
287,860 shares
Total TJX common stock directly owned by Douglas W. Mizzi after transactions
Key Terms
performance share unit award, tax withholding obligations, restricted stock unit award, Stock Incentive Plan
4 terms
tax withholding obligations financial
"Shares withheld by the Company to satisfy tax withholding obligations on shares acquired on March 30, 2026 in settlement of performance share unit award."
restricted stock unit award financial
"Restricted stock unit award under the Company's Stock Incentive Plan with service-based vesting criteria."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Stock Incentive Plan financial
"performance share unit award granted 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 transactions did TJX (TJX) report for Douglas W. Mizzi?
TJX reported that Douglas W. Mizzi received new equity awards and had shares withheld for taxes. He acquired performance share and restricted stock unit awards, while a portion of shares was retained by the company to satisfy tax withholding obligations tied to those awards.
What role does Douglas W. Mizzi hold at TJX (TJX)?
Douglas W. Mizzi serves as a Senior Executive Vice President and Group President at TJX. His Form 4 filing reflects equity compensation transactions associated with this leadership role, including performance share and restricted stock unit awards granted under TJX’s Stock Incentive Plan.
Were Douglas W. Mizzi’s TJX (TJX) transactions open-market buys or compensation grants?
The transactions were compensation-related grants, not open-market trades. He received shares through settlement of a performance share unit award and a restricted stock unit award, while additional shares were withheld by TJX solely to satisfy associated tax withholding obligations.