WAGNER CHARLES F JR 4

What Happened

• Charles F. Wagner Jr, a director of TJX Companies (TJX), received multiple awards of deferred shares on 2026-06-09. The filing shows four derivative grant entries: two awards of 636.87 shares and two awards of 26.50 shares, all at $0.00 per share (deferred/derivative grants). The two principal awards each have a grant-date fair value of $105,000 (totaling $210,000); the smaller amounts are dividend-equivalent deferred shares tied to those awards.

Key Details

• Transaction date: 2026-06-09; Form 4 filed: 2026-06-11 (appears timely).
• Grants: 2 × 636.87 shares and 2 × 26.50 shares = 1,326.74 shares total; reported price $0.00 (deferred awards/derivatives).
• Reported grant-date fair value: $105,000 for each principal award (total $210,000); dividend-equivalent awards valued as aggregate dividends since Jun 10, 2025 (monetary amount not specified).
• Delivery/vesting: Principal annual award shares are deferred and will be delivered following the director’s departure from the Board (F1) or, for the additional award, vest the day before the next annual meeting if the director remains in office and then be delivered following vesting or departure (F3). Dividend-equivalents will be delivered at the same time as the related awards (F2, F4).
• Shares owned after the transaction: Not disclosed in the filing.

Context

• These are deferred equity awards (transaction code A, derivative), not open-market purchases or sales — they reflect standard director compensation rather than an immediate cash transaction. Deferred shares and dividend equivalents are payable later per plan terms, so this does not indicate an immediate change in voting power or liquidity.