TJX COMPANIES INC /DE/·4

Apr 14, 5:00 PM ET

Canestrari Kenneth 4

Research Summary

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TJX SEVP Kenneth Canestrari Withholds 6,920 Shares for Taxes

What Happened

  • Kenneth Canestrari, Senior Executive Vice President and Group President of TJX (TJX), had 6,920 shares withheld by the company to satisfy tax-withholding obligations related to a restricted stock unit award. The shares were valued at $161.60 each, totaling approximately $1,118,272. This was a withholding for taxes (routine) rather than an open-market sale or purchase.

Key Details

  • Transaction date: April 10, 2026; Price per share: $161.60; Total value withheld: ~$1,118,272.
  • Transaction code: F (shares withheld to satisfy tax withholding on an award).
  • Footnote: F1 — Shares were withheld by the company to satisfy tax withholding obligations in connection with a restricted stock unit award under the Company’s Stock Incentive Plan.
  • Shares owned after the transaction: not specified in the filing.
  • Filing timeliness: Form filed April 14, 2026 — appears timely (within the two business-day reporting requirement).

Context

  • This was a tax-withholding disposition tied to an RSU award (a routine administrative action), not an indicator of an open-market sale or a directional bet by the insider. Such withholdings are common when RSUs vest and do not necessarily signal the insider’s view of the company’s prospects.