CHING DAVID T 4
4 · TJX COMPANIES INC /DE/ · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
TJX Director David T. Ching Receives Deferred Share Awards
What Happened
- Director David T. Ching received multiple deferred-share awards and completed a conversion/exercise on June 9, 2026. Transactions show acquisitions of 2,858.87 shares (802.00; 636.87; 681.01; 636.87; 102.12) at $0.00 and a simultaneous disposition of 802.00 shares at $0.00, for a net increase of 2,056.87 shares. No cash was paid on these entries — they reflect director awards and conversions under the company’s Stock Incentive Plan.
- Footnotes indicate these are annual and additional deferred-share awards (some with grant-date fair value of $105,000) and include dividend-equivalent shares. Vesting/delivery occurs on specified post-vesting or board-departure dates per the plan.
Key Details
- Transaction date: June 9, 2026. Form 4 filed June 11, 2026 (timely).
- Transactions: multiple Awards/Grants (code A) and Exercise/Conversion of derivative (code M). Reported prices: $0.00 (no cash purchase).
- Net shares acquired: 2,056.87 shares (2,858.87 acquired less 802.00 disposed).
- Grant-date fair value: certain awards cited at $105,000 each (see footnotes F2 and F4). Some shares represent dividend-equivalent awards (F1, F3, F5).
- Shares owned after transaction: not provided in the supplied details.
Context
- These are director compensation awards (deferred shares), not open-market purchases or sales — they typically reflect standard board compensation and delivery/vesting rules rather than a market bet.
- The 802-share conversion and immediate disposition noted in footnote F1 reflects receipt and corresponding disposition in accordance with the plan (not a typical cash sale).
- For retail investors: such awards are routine director compensation; purchases/sales by insiders can signal intent, but deferred-plan awards primarily reflect pay mechanics rather than trading decisions.
Insider Transaction Report
Form 4
CHING DAVID T
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-09+802→ 11,125 total - Award
Deferred Stock Units
[F2]2026-06-09+636.87→ 64,612.59 totalExercise: $0.00→ Common Stock (636.87 underlying) - Award
Deferred Stock Units
[F3]2026-06-09+681.01→ 65,293.6 totalExercise: $0.00→ Common Stock (681.01 underlying) - Award
Deferred Stock Units
[F4]2026-06-09+636.87→ 10,230.6 totalExercise: $0.00→ Common Stock (636.87 underlying) - Award
Deferred Stock Units
[F5]2026-06-09+102.12→ 10,332.72 totalExercise: $0.00→ Common Stock (102.12 underlying) - Exercise/Conversion
Deferred Stock Units
[F1]2026-06-09−802→ 9,530.72 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.
Signature
/s/ Erica Farrell, by Power of Attorney dated June 11, 2025|2026-06-11