PVH CORP. /DE/·4

Apr 8, 12:41 PM ET

Savman David 4

4 · PVH CORP. /DE/ · Filed Apr 8, 2026

Research Summary

AI-generated summary of this filing

Updated

PVH Global Brand President David Savman Receives Award (RSUs)

What Happened

  • David Savman, Global Brand President (CK) of PVH Corp. (PVH), received equity awards on April 6, 2026: two awards totaling 15,382 restricted stock units (RSUs) were reported as acquired at $0.00 (awards). To satisfy tax withholding, 2,243 shares were withheld/disposed at $80.83 per share (578 shares = $46,720; 1,665 shares = $134,582), totaling $181,302. Net shares delivered to Savman were about 13,139. The awards are not purchases — they are compensation/vesting events; the withholdings are routine tax-related dispositions.

Key Details

  • Transaction date(s): April 6, 2026; Form 4 filed April 8, 2026 (timely).
  • Awarded: 12,372 RSUs and 3,010 RSUs (total 15,382 RSUs) reported as acquired at $0.00 (compensation).
  • Withheld/disposed for taxes: 578 shares ($46,720) and 1,665 shares ($134,582) at $80.83/share — total withheld value $181,302.
  • Net shares retained: ~13,139 shares (15,382 awarded minus 2,243 withheld).
  • Shares owned after transaction: filing does not state total beneficial ownership; footnotes list remaining unvested RSU balances (see below).
  • Notable footnotes:
    • F1: RSU award vests 25% annually (3,093 shares per anniversary for the 12,372 award).
    • F3 & F6: Shares were withheld to satisfy the Reporting Person’s tax obligations.
    • F5: Some shares reflect vesting of a performance share unit award granted April 6, 2023.
    • Other footnotes in the filing note additional unvested RSU totals (e.g., 30,139 and 29,094 shares listed in footnotes).
  • Filing timeliness: Reported within two business days of the transaction (filed Apr 8 for Apr 6 activity).

Context

  • These transactions are award/vesting and tax-withholding events — common when RSUs/PSUs vest; they are not open-market purchases or sell signals. The withheld shares function like a cashless tax payment rather than an intentional sale. For retail investors, awards increase insider exposure but do not necessarily indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-04-06
Savman David
Global Brand President, CK
Transactions
  • Award

    Common Stock, $1 par value

    [F1][F2]
    2026-04-06+12,37233,206 total
  • Tax Payment

    Common Stock, $1 par value

    [F3][F4]
    2026-04-06$80.83/sh578$46,72032,628 total
  • Award

    Common Stock, $1 par value

    [F5][F4]
    2026-04-06+3,01035,638 total
  • Tax Payment

    Common Stock, $1 par value

    [F6][F4]
    2026-04-06$80.83/sh1,665$134,58233,973 total
Footnotes (6)
  • [F1]Represents shares subject to an award of restricted stock units. Each unit represents a contingent right to receive one share of Issuer's Common Stock. The units vest 25% (3,093 shares) on each anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
  • [F2]Includes 30,139 shares of Common Stock subject to unvested awards of restricted stock units.
  • [F3]Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 1,045 restricted stock units. The restricted stock units previously were reported as directly owned shares.
  • [F4]Includes 29,094 shares of Common Stock subject to unvested awards of restricted stock units.
  • [F5]Represents shares received upon vesting of a performance share unit award granted to the reporting person on April 6, 2023.
  • [F6]Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the receipt of all shares described in Note (5) above.
Signature
/s/ David Savman|2026-04-08

Documents

1 file
  • 4
    wk-form4_1775666479.xmlPrimary

    FORM 4