Alvarez Jose B 4

4 · TJX COMPANIES INC /DE/ · Filed Jun 11, 2026

Research Summary

AI-generated summary of this filing

Updated Jun 11, 2026

TJX Director Jose B. Alvarez Receives Deferred Share Awards

What Happened

Jose B. Alvarez, a Director of TJX Companies (TJX), was granted deferred share awards on 2026-06-09. The filing shows four derivative awards (code A): two grants of 636.87 deferred shares and two grants of 75.09 deferred shares, all at $0.00 per share.
The two 636.87-share grants represent an annual award and an additional award (each with a grant-date fair value of $105,000). The two 75.09-share grants are dividend-equivalent awards tied to those grants. Total deferred shares granted = 1,423.92 (≈1,424). Dividend-equivalent awards’ dollar value is not specified in the filing.

Key Details

Transaction date(s) and price(s): 2026-06-09; all grants reported at $0.00 (derivative awards, code A).
Grant-date fair value: Two awards noted at $105,000 each (footnotes F1 and F3); dividend-equivalent awards’ values equal aggregate dividends since 6/10/2025 (F2, F4) and are not separately dollar-quoted.
Shares owned after transaction: Not reported in this Form 4.
Delivery/vesting terms: Annual award shares delivered following Director’s departure (F1) or vest on the day before next annual meeting if still a director (F3); dividend-equivalent shares delivered when the underlying awards are delivered (F2, F4).
Timeliness: Filing date 2026-06-11 for transactions dated 2026-06-09 (filed within the typical two-business-day window).

Context

These are deferred share awards (A = Award/Grant), not open-market purchases or option exercises. Deferred shares are paid out later per plan rules and may be contingent on continued service or departure elections, so they do not represent an immediate cash purchase or sale.
For retail investors, awards to directors are common compensation practice and do not necessarily indicate short-term trading sentiment.

Insider Transaction Report

Form 4

Period: 2026-06-09

TJX COMPANIES INC /DE/TJX

Alvarez Jose B

Director

Transactions

Award
Deferred Stock Units
[F1]
2026-06-09+636.87→ 7,691.09 total
Exercise: $0.00→ Common Stock (636.87 underlying)
Award
Deferred Stock Units
[F2]
2026-06-09+75.09→ 7,766.18 total
Exercise: $0.00→ Common Stock (75.09 underlying)
Award
Deferred Stock Units
[F3]
2026-06-09+636.87→ 7,691.09 total
Exercise: $0.00→ Common Stock (636.87 underlying)
Award
Deferred Stock Units
[F4]
2026-06-09+75.09→ 7,766.18 total
Exercise: $0.00→ Common Stock (75.09 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

Documents

1 file

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ownership.xmlPrimary
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