STOCK TITAN

TJX (NYSE: TJX) CEO granted stock units; shares withheld for tax

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TJX CEO and President Ernie Herrman reported compensation-related stock transactions. He acquired 171,632 shares of common stock through settlement of a performance share unit award under the company’s Stock Incentive Plan, with 82,985 shares withheld at $155.79 per share to cover tax obligations. He also received a separate restricted stock unit award covering 40,440 shares with service-based vesting, which will be issued after vesting. Following these transactions, his reported direct common stock holdings in separate entries ranged between 567,963 and 650,948 shares.

Positive

  • None.

Negative

  • None.
Insider Herrman Ernie
Role CEO & President
Type Security Shares Price Value
Grant/Award Common Stock 171,632 $0.00 --
Tax Withholding Common Stock 82,985 $155.79 $12.93M
Grant/Award Common Stock 40,440 $0.00 --
Holdings After Transaction: Common Stock — 650,948 shares (Direct)
Footnotes (1)
  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.
Performance share unit settlement 171,632 shares Common stock acquired via performance share unit settlement on March 30, 2026
Shares withheld for tax 82,985 shares at $155.79 Common stock withheld to satisfy tax obligations on March 30, 2026
Restricted stock unit award 40,440 shares RSU award under Stock Incentive Plan with service-based vesting
Holdings after PSU settlement 650,948 shares Total direct common stock holdings shown after one transaction
Holdings after tax withholding 567,963 shares Total direct common stock holdings shown after tax-withholding transaction
Holdings after RSU award entry 608,403 shares Total direct common stock holdings shown after RSU-related line item
performance share unit award financial
"Shares acquired pursuant to the settlement of a performance share unit award granted under the Company's Stock Incentive Plan."
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, as reflected in Footnote 1."
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
"Restricted stock unit 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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Herrman Ernie

(Last)(First)(Middle)
C/O THE TJX COMPANIES, INC.
770 COCHITUATE ROAD

(Street)
FRAMINGHAM MASSACHUSETTS 01701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TJX COMPANIES INC /DE/ [ TJX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO & President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/30/2026A(1)171,632A$0650,948D
Common Stock03/30/2026F(2)82,985D$155.79567,963D
Common Stock03/30/2026A(3)40,440A$0608,403D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares acquired pursuant to the settlement of a performance share unit award granted under the Company's Stock Incentive Plan.
2. 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.
3. 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.
/s/ Erica Farrell, by Power of Attorney dated June 11, 202504/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What stock awards did TJX (TJX) CEO Ernie Herrman report in this Form 4?

Ernie Herrman reported acquiring 171,632 TJX common shares from settlement of a performance share unit award and a separate restricted stock unit grant for 40,440 shares. Both awards were granted under TJX’s Stock Incentive Plan as part of his equity compensation.

How many TJX (TJX) shares were withheld for taxes in Herrman’s March 30, 2026 transactions?

TJX withheld 82,985 common shares from Ernie Herrman at $155.79 per share to satisfy tax withholding obligations. These shares relate to stock acquired on March 30, 2026 when a performance share unit award settled into common shares under the Stock Incentive Plan.

Are Ernie Herrman’s TJX (TJX) Form 4 transactions open-market buys or compensation awards?

The reported TJX transactions are compensation-related awards, not open-market purchases or sales. They involve settlement of performance share units and a new restricted stock unit grant, plus shares withheld by TJX to cover associated tax obligations, all under the company’s Stock Incentive Plan.

What does the restricted stock unit award mean for TJX (TJX) CEO Ernie Herrman?

Herrman received a restricted stock unit award for 40,440 TJX shares with service-based vesting. The units convert into shares that are issued and delivered only after vesting, and TJX may withhold some shares at that time to satisfy future tax withholding obligations.

How many TJX (TJX) shares does Ernie Herrman hold after these Form 4 transactions?

The filing shows Herrman’s direct TJX common stock holdings after individual transactions as 650,948 shares, 567,963 shares, and 608,403 shares in separate lines. These figures reflect holdings immediately following each reported transaction on March 30, 2026, as recorded in the Form 4.