BENNETT ALAN M 4
4 · TJX COMPANIES INC /DE/ · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
TJX Director Alan M. Bennett Receives Deferred Share Awards
What Happened
- Alan M. Bennett, a director of TJX Companies (TJX), received multiple deferred share awards on June 9, 2026. The Form 4 reports four derivative awards totaling 2,581.28 deferred shares (636.87, 653.77, 636.87 and 653.77 shares), each granted at $0.00 per share. Two of the awards have a stated grant-date fair value of $105,000 each (aggregate $210,000); the other two represent dividend-equivalent deferred shares tied to those awards.
Key Details
- Transaction date: June 9, 2026; filing date: June 11, 2026 (timely).
- Reported entries: 636.87, 653.77, 636.87 and 653.77 deferred shares; total = 2,581.28 shares; price reported = $0.00 (award/derivative).
- Grant-date fair value: two awards = $105,000 each (see footnotes F1 and F3); two awards (F2 and F4) equal the aggregate dividends on prior awards (value not specified).
- Delivery/vesting: F1 deferred shares delivered following the Director’s departure from the Board; F3 vests the day before the next annual meeting if still a Director (or earlier on a Change of Control) and will be delivered after vesting or upon departure per the Plan; F2 and F4 are dividend equivalents delivered with their related awards.
- Shares owned after the transaction: not specified in the filing.
Context
- Transaction code A indicates grant/award of deferred (derivative) shares as compensation rather than an open-market purchase or sale—these are common, routine director compensation items and do not represent an immediate cash transaction.
- Dividend-equivalent awards (F2, F4) simply track dividends on the applicable awards and will be delivered later under the plan’s terms.
Insider Transaction Report
Form 4
BENNETT ALAN M
Director
Transactions
- Award
Deferred Stock Units
[F1]2026-06-09+636.87→ 62,054.43 totalExercise: $0.00→ Common Stock (636.87 underlying) - Award
Deferred Stock Units
[F2]2026-06-09+653.77→ 62,708.2 totalExercise: $0.00→ Common Stock (653.77 underlying) - Award
Deferred Stock Units
[F3]2026-06-09+636.87→ 62,054.43 totalExercise: $0.00→ Common Stock (636.87 underlying) - Award
Deferred Stock Units
[F4]2026-06-09+653.77→ 62,708.2 totalExercise: $0.00→ Common Stock (653.77 underlying)
Footnotes (4)
- [F1]Constitutes an annual award of deferred shares under the Stock Incentive Plan having a grant date fair value of $105,000. Shares will be delivered following the Director's departure from the Board, under and subject to the terms of the Plan.
- [F2]Constitutes an award of deferred shares under the Stock Incentive Plan having a grant date fair value equal to the aggregate dividends on any previously granted annual award of deferred shares under the Plan for which there has been a record date since June 10, 2025. Deferred shares will be delivered at the same time the shares subject to the annual award are delivered, under and subject to the terms of the Plan.
- [F3]Constitutes an additional award of deferred shares under the Stock Incentive Plan having a grant date fair value of $105,000. Shares vest on the date immediately preceding the date of the Company's annual meeting of shareholders next succeeding the award grant date, provided that the recipient is still a Director on that date or, to the extent provided by the terms of the award document, in connection with an earlier Change of Control. Vested shares will be delivered following vesting or following the Director's departure from the Board, in accordance with the Director's advance irrevocable election, if any, under and subject to the terms of the Plan.
- [F4]Constitutes an award of deferred shares under the Stock Incentive Plan having a value equal to the aggregate dividends on any previously granted additional award of deferred shares under the Plan, which have not yet been delivered to the Director, and for which there has been a record date since June 10, 2025. Deferred shares will be delivered at the same time the shares subject to the applicable additional award are delivered, under and subject to the terms of the Plan.
Signature
/s/ Erica Farrell, by Power of Attorney dated June 11, 2025|2026-06-11