TJX director receives stock unit awards and exercises 802 shares
TJX Companies director Jackwyn Nemerov reported compensation-related equity activity.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
TJX Companies director Jackwyn Nemerov reported compensation-related equity activity. Nemerov exercised deferred stock units into 802 shares of Common Stock, bringing her direct Common Stock holdings to 1,759 shares. She also received multiple awards of Deferred Stock Units under the company’s Stock Incentive Plan, including annual and dividend-equivalent grants, which will be delivered after board service ends or upon vesting as specified in the plan.
Insider Trade Summary
802 shares exercised/converted
Exercise
6 txns
Insider
Nemerov Jackwyn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 636.87 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 156.29 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 636.87 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 124.85 | $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 — 27,164.17 contracts (Direct);
Common Stock — 1,759 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 via exercise: 802 shares
Common shares held after transaction: 1,759 shares
Annual deferred share award value: $105,000
+3 more
6 metrics
Common shares acquired via exercise
802 shares
Exercise of Deferred Stock Units into Common Stock on June 9, 2026
Common shares held after transaction
1,759 shares
Direct TJX Common Stock holdings following the Form 4 transactions
Annual deferred share award value
$105,000
Grant date fair value of one annual Deferred Stock Unit award under the Stock Incentive Plan
Additional deferred share award value
$105,000
Grant date fair value of an additional Deferred Stock Unit award under the Plan
Exercise transactions
1 transaction
Derivative exercise/conversion events (code M) in the transaction summary
Award transactions
4 transactions
Grant or award acquisitions of Deferred Stock Units (code A) on June 9, 2026
Key Terms
Deferred Stock Units, Stock Incentive Plan, grant date fair value, aggregate dividends, +1 more
5 terms
Deferred Stock Units financial
"The security title for several transactions is "Deferred Stock Units"."
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
"Footnotes describe awards granted under 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
"An annual award has 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
"Some awards equal the aggregate dividends since June 10, 2025."
Change of Control financial
"Vesting may accelerate 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 did TJX (TJX) director Jackwyn Nemerov report on this Form 4?
Jackwyn Nemerov reported exercising deferred stock units into 802 shares of TJX Common Stock and receiving several new Deferred Stock Unit awards. All transactions reflect director compensation under the company’s Stock Incentive Plan, not open-market buying or selling activity.
What are the Deferred Stock Unit awards Jackwyn Nemerov received from TJX?
Nemerov received several Deferred Stock Unit awards under TJX’s Stock Incentive Plan, including annual director awards and dividend-equivalent grants. These units represent the right to receive TJX shares in the future, subject to plan terms, rather than immediate cash or stock payments.
What is the value of Jackwyn Nemerov’s new annual Deferred Stock Unit awards at TJX?
One footnote states that an annual Deferred Stock Unit award has a grant date fair value of $105,000. Another additional deferred share award also has a grant date fair value of $105,000, both granted under TJX’s Stock Incentive Plan for directors.
Do the TJX Form 4 transactions involve any open-market purchases or sales by Jackwyn Nemerov?
No, the transactions are classified as exercises and awards, not open-market trades. Codes M and A indicate derivative exercises and grants of Deferred Stock Units as director compensation under TJX’s Stock Incentive Plan, with no reported open-market buying or selling.
AI-generated analysis. How Rhea-AI works. Not financial advice.
