BENNETT ALAN M 4

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.