Klinger John 4

What Happened

• John Klinger, Senior EVP and CFO of TJX Companies (TJX), received stock awards that settled on March 30, 2026. He was issued 23,620 shares and 8,987 shares (total 32,607 shares) as awards (reported at $0 per share). To satisfy tax withholding obligations, 11,421 of those shares were withheld/disposed at $155.79 per share, generating approximately $1,779,278. Net shares delivered to Klinger after withholding were 21,186.

Key Details

• Transaction date: March 30, 2026; Form 4 filed April 1, 2026 (timely).
• Awards: 23,620 shares and 8,987 shares granted (codes A — awards/grants), reported at $0.00 per share.
• Withholding: 11,421 shares withheld to satisfy taxes (code F) at $155.79/share = $1,779,278.
• Net shares received by insider: 32,607 − 11,421 = 21,186 shares.
• Footnotes: F1 indicates settlement of performance share units under the company’s stock incentive plan; F2 notes shares were withheld for tax withholding on the PSU settlement; F3 describes restricted stock units with service-based vesting (shares issued after vesting; may be withheld for taxes).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing timeliness: filed within the required Form 4 window (appears timely).

Context

• This was primarily a compensation event (settlement of performance/share-based awards), not an open-market purchase or voluntary sale. The withholding of shares to cover taxes is a common, administrative cashless-withholding action and does not necessarily indicate a change in insider sentiment.