TJX (TJX) executive chair receives 94K-share awards as 38K withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TJX Companies Executive Chairman Carol Meyrowitz reported equity compensation activity involving company stock. She received grants totaling 94,136 shares of Common Stock on March 30, 2026, including 78,730 shares from settlement of a performance share unit award and 15,406 shares from a restricted stock unit award under the Stock Incentive Plan.
The company withheld 38,066 shares at $155.79 per share to cover tax obligations related to the performance share unit settlement, which is not an open-market sale. Following these transactions, Meyrowitz directly holds 269,050 shares of TJX Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MEYROWITZ CAROL
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 78,730 | $0.00 | -- |
| Tax Withholding | Common Stock | 38,066 | $155.79 | $5.93M |
| Grant/Award | Common Stock | 15,406 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 291,710 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: 78,730 shares
Restricted stock unit grant: 15,406 shares
Tax withholding shares: 38,066 shares at $155.79
+2 more
5 metrics
Performance share unit settlement
78,730 shares
Common Stock acquired via performance share unit award on March 30, 2026
Restricted stock unit grant
15,406 shares
RSU award under Stock Incentive Plan on March 30, 2026
Tax withholding shares
38,066 shares at $155.79
Shares withheld to satisfy tax obligations on March 30, 2026
Post-transaction holdings
269,050 shares
Total TJX Common Stock directly held after reported transactions
Total shares granted
94,136 shares
Sum of performance and restricted stock unit-related share grants
Key Terms
performance share unit award, Restricted stock unit award, tax withholding obligations, Stock Incentive Plan
4 terms
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.
tax withholding obligations financial
"Shares withheld by the Company to satisfy tax withholding obligations on shares acquired on March 30, 2026..."
Stock Incentive Plan financial
"award under the Company's Stock Incentive Plan with service-based vesting criteria."
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 did TJX (TJX) Executive Chairman Carol Meyrowitz report in this Form 4?
Carol Meyrowitz reported equity compensation activity in TJX Common Stock. She received share grants from performance and restricted stock unit awards, and some shares were withheld by the company to cover tax obligations related to those awards.
What types of awards does TJX (TJX) use in its Stock Incentive Plan?
The filing references performance share unit awards and restricted stock unit awards under TJX’s Stock Incentive Plan. Performance units settle into shares based on performance, while restricted stock units vest over time with service-based criteria before shares are delivered.