TJX COMPANIES INC /DE/·4

Jun 11, 4:30 PM ET

GOODWIN C KIM 4

Research Summary

AI-generated summary

Updated

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.