Larsson Stefan 4

What Happened

• Stefan Larsson, CEO of PVH Corp. (PVH), received awards of restricted stock units (RSUs) totaling 120,201 shares (68,664 and 51,537) on April 6, 2026 (acquired at $0.00 per share). To satisfy tax obligations related to the vesting/receipt, 38,636 shares were withheld (disposed) at $80.83 per share, generating proceeds of $3,122,948. Net delivered shares to Larsson were approximately 81,565 (120,201 awarded minus 38,636 withheld).
• These were awards and tax-withholding transactions, not open-market sales or purchases.

Key Details

• Transaction date: April 6, 2026. Form filed April 8, 2026 (timely).
• Prices: RSUs granted/received at $0.00; shares withheld for taxes at $80.83/share.
• Withheld shares: 4,641 ($375,132), 5,495 ($444,161), and 28,500 ($2,303,655); total withheld = 38,636 shares / $3,122,948.
• Net shares received: ~81,565 shares (120,201 awarded − 38,636 withheld).
• Footnotes: RSUs represent contingent rights to one share each; vesting schedules and amounts noted — includes substantial unvested RSU balances referenced in the filing (see footnotes for counts such as 199,947; 191,556; 181,621). Some withheld shares specifically satisfy tax obligations tied to vested RSUs and a performance share unit award.
• Transaction codes: A = Award/Grant, F = Tax withholding (not a market sale).
• Filing timeliness: Filed within standard Form 4 timing (not marked late).

Context

• This was a share issuance/settlement event (RSUs and performance shares vesting) with shares withheld to cover taxes — a routine administrative disposition, not an open-market sale indicating trading sentiment. RSUs and performance shares are derivative awards that convert to common shares upon vesting; the withholding is effectively a cashless settlement to meet tax withholding requirements.