TJX (TJX) CFO has 3,580 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TJX Companies Senior Executive Vice President and CFO John Klinger reported a routine tax-related share disposition. On April 10, 2026, 3,580 shares of common stock were withheld by the company at $161.60 per share to cover tax obligations tied to a restricted stock unit award.
These shares were not sold in the open market but used to satisfy withholding taxes under TJX’s Stock Incentive Plan. After this transaction, Klinger directly holds 70,492 shares of TJX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Klinger John
Role
SEVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,580 | $161.60 | $579K |
Holdings After Transaction:
Common Stock — 70,492 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 3,580 shares
Per-share value for withholding: $161.60 per share
Shares held after transaction: 70,492 shares
+1 more
4 metrics
Shares withheld for taxes
3,580 shares
Tax-withholding disposition on April 10, 2026
Per-share value for withholding
$161.60 per share
Value used for tax withholding on TJX common stock
Shares held after transaction
70,492 shares
Direct TJX common stock holdings of CFO after withholding
Tax-withholding transactions
1 transaction, 3,580 shares
Summary of tax-withholding activity in this Form 4
Key Terms
restricted stock unit, tax withholding obligations, Stock Incentive Plan, tax-withholding disposition
4 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
"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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did TJX (TJX) CFO John Klinger report?
TJX CFO John Klinger reported a tax-related share disposition. The company withheld 3,580 shares of common stock to cover tax obligations from a restricted stock unit award under its Stock Incentive Plan, rather than executing an open-market sale of shares.