Benjamin Peter 4

What Happened

• Benjamin Peter, Senior Executive Vice President and Group President at TJX Companies, received equity awards that settled on March 30, 2026. He was issued 22,570 shares (performance share unit settlement) and 7,960 restricted stock units (total 30,530 shares) at $0.00 per share as award settlements. To satisfy tax withholding obligations, 10,913 of those shares were withheld by the company and treated as a disposition at $155.79 per share, producing proceeds of $1,700,136.

Key Details

• Transaction date: 2026-03-30 (filed with the SEC on 2026-04-01).
• Award settlements (code A): 22,570 shares (PSU settlement) and 7,960 shares (RSU settlement), acquired at $0.00 per share.
• Tax withholding (code F): 10,913 shares withheld @ $155.79 = $1,700,136 (company withheld shares to cover taxes).
• Shares owned after the reported transaction: not specified in the filing.
• Footnotes: F1 = PSU settlement; F2 = shares withheld to satisfy tax withholding on PSU settlement; F3 = RSU award with service-based vesting (shares issued following vesting; withholding may occur).
• Filing timeliness: Filed 2026-04-01 for a 2026-03-30 transaction — appears to be filed within the typical two-business-day window.

Context

• This was an award settlement (PSUs and RSUs), not an open-market purchase or sale by the insider. The “sale” line reflects net share withholding by the company to cover required taxes (a common, administrative step), not a discretionary market sale that would necessarily signal insider sentiment. The net effect increased the insider’s issued shares while reducing the delivered share count by the amount withheld for taxes.