GOODWIN C KIM 4
4 · TJX COMPANIES INC /DE/ · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
TJX Director Goodwin C. Kim Receives Deferred Awards & Converts Shares
What Happened
Goodwin C. Kim, a director of TJX Companies (TJX), was granted multiple deferred share awards and reported conversion/exercise activity on June 9, 2026. The filing shows grants (award code A) totaling 1,355.82 deferred shares (636.87; 73.67; 636.87; 8.41). It also shows an exercise/conversion (code M) of 802 derivative shares acquired and a corresponding disposition of 802 shares — all transactions reported at $0.00 per share. Two of the awards are noted to have a grant-date fair value of $105,000 each.
Key Details
- Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (timely).
- Reported share amounts: 802 shares exercised/converted (acquired) and 802 shares disposed; deferred awards totaling 1,355.82 shares.
- Reported prices: $0.00 for all line items (reflects internal plan settlement/derivative activity, not open-market trades).
- Grant values: Footnotes F2 and F4 state grant-date fair value of $105,000 each for two deferred awards; F3 and F5 reflect dividend-equivalent deferred shares; F1 relates to prior deferred award receipt and disposition.
- Shares owned after the transactions: not specified in this filing.
- Transaction codes: A = grant/award (deferred shares); M = exercise/conversion of a derivative.
Context
These were deferred-share awards and a plan-related exercise/conversion, not an open-market buy or sale. Deferred shares are typically paid out after vesting or following a director’s departure (per the Stock Incentive Plan and the filing footnotes). The $0.00 reporting and the matching acquisition/disposition of 802 shares indicate an administrative settlement under the company’s director compensation plan rather than a cash sale; the filing does not provide evidence of a market purchase or conventional sale.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-09+802→ 9,939 total - Award
Deferred Stock Units
[F2]2026-06-09+636.87→ 7,558.09 totalExercise: $0.00→ Common Stock (636.87 underlying) - Award
Deferred Stock Units
[F3]2026-06-09+73.67→ 7,631.76 totalExercise: $0.00→ Common Stock (73.67 underlying) - Award
Deferred Stock Units
[F4]2026-06-09+636.87→ 1,426.62 totalExercise: $0.00→ Common Stock (636.87 underlying) - Award
Deferred Stock Units
[F5]2026-06-09+8.41→ 1,435.03 totalExercise: $0.00→ Common Stock (8.41 underlying) - Exercise/Conversion
Deferred Stock Units
[F1]2026-06-09−802→ 633.03 totalExercise: $0.00→ Common Stock (802 underlying)
Footnotes (5)
- [F1]Receipt of shares from an additional deferred share award granted on June 10, 2025 (and corresponding disposition of such award) in accordance with the terms of the Stock Incentive Plan. Includes an amount equal to the aggregate dividends for which there has been a record date since June 10, 2025.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.