PVH (PVH) interim CFO receives additional phantom stock-based compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PVH Corp. executive Melissa Ann Stone, EVP and Interim CFO, received a small grant of phantom stock tied to the company’s common shares. She acquired 0.5179 phantom shares at a reference value of $67.08 per share, bringing her total phantom stock balance to 927.1020 units.
These phantom shares are held in a supplemental savings plan account and are payable in cash after her employment with PVH ends. Each phantom share represents the cash value of one PVH common share, and she can generally switch the value into another investment option at any time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stone Melissa Ann
Role
EVP and Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 0.518 | $67.08 | $34.74 |
Holdings After Transaction:
Phantom Stock — 927.102 shares (Direct)
Footnotes (1)
- These are "phantom" shares held in a supplemental savings plan account. Shares of phantom stock are payable in cash following termination of employment with the Issuer. Each phantom share represents the right to receive the cash value of one share of Issuer's Common Stock. The reporting person generally may transfer the value of her phantom stock into an alternative investment at any time.
FAQ
What insider transaction did PVH (PVH) report for Melissa Ann Stone?
PVH reported that EVP and Interim CFO Melissa Ann Stone received 0.5179 phantom stock units. This is a compensation-related award, not an open-market trade, and increases her total phantom stock balance to 927.1020 units in a supplemental savings plan.
What is phantom stock in the PVH (PVH) filing for Melissa Ann Stone?
The phantom stock represents bookkeeping units in a supplemental savings plan, not actual PVH shares. Each unit tracks the cash value of one PVH common share and is ultimately settled in cash, typically after the executive’s employment with the company ends.
How many phantom stock units does PVH (PVH) executive Melissa Ann Stone now hold?
After the latest grant, Melissa Ann Stone holds a total of 927.1020 phantom stock units. These units mirror the value of PVH common stock and are payable in cash following termination of her employment, functioning as a deferred, stock-linked compensation balance.
Did Melissa Ann Stone buy or sell PVH (PVH) common stock in this transaction?
No, she did not buy or sell actual PVH common shares. The filing shows a grant of 0.5179 phantom stock units as compensation, a derivative award settled in cash that tracks PVH’s stock value rather than an open-market purchase or sale.
When can PVH (PVH) executive Melissa Ann Stone receive cash from her phantom stock?
The phantom stock units are payable in cash after her employment with PVH ends. Until then, the balance tracks PVH’s share value, and she generally may move the phantom stock value into an alternative investment option within the supplemental savings plan.
How is the value of PVH (PVH) phantom stock determined for Melissa Ann Stone?
Each phantom stock unit represents the cash value of one PVH common share. The recent grant used a reference price of $67.08 per unit, so her phantom balance rises and falls with the underlying PVH stock price over time until eventual cash payout.