CALBERT MICHAEL M 4

What Happened
Michael M. Calbert, a director and Chair of PVH Corp.'s board, was granted 4,932 restricted stock units (RSUs) on June 18, 2026. The award was reported as an acquisition at $0.00 per share (total reported value $0). The grant is split into 2,336 RSUs for serving as a non-employee director and 2,596 RSUs for serving as Chair of the board. According to the filing, the awards vest in full on the earlier of the first anniversary of the grant or the date of PVH’s next annual meeting of stockholders.

Key Details

• Transaction date: 2026-06-18; Form 4 filed: 2026-06-23 (file appears late — Form 4s are normally due within 2 business days of the transaction).
• Transaction type/code: Award/Grant (A). Price: $0.00; reported cash value $0.
• Grant size: 4,932 RSUs (2,336 director RSUs + 2,596 Chair RSUs). Vesting: full vest on earlier of 1st anniversary or next annual meeting.
• Holdings notes from footnotes: filing references 18,806 shares subject to RSU awards and shares held in trusts (42,000 shares in a trust for Mr. Calbert and his wife, plus three children’s trusts holding 7,900 shares each).
• No sale or open-market purchase occurred — this is compensation in equity, not a market transaction.

Context
RSUs are a form of equity compensation that convert into shares upon vesting; they are not an immediate purchase of stock and do not by themselves indicate a buying or selling signal. Grants to non-employee directors and board Chairs are common as part of annual compensation. Note the late filing may affect how quickly investors saw this disclosure, but the substance is a routine director compensation award.