PVH CORP. /DE/·4

Apr 14, 4:08 PM ET

Savman David 4

Research Summary

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PVH (PVH) David Savman Sells Shares for Tax Withholding

What Happened

  • David Savman, Global Brand President (CK) at PVH Corp. (PVH), had shares withheld to satisfy tax obligations tied to vested restricted stock units (RSUs). On April 10, 2026, 630 shares were withheld at $90.74 ($57,166) and 1,550 shares were withheld at $90.74 ($140,647), a total of 2,180 shares and about $197,813.
  • These are tax-withholding dispositions (coded F on the Form 4), not open-market sales by the insider. The RSUs that vested and triggered the withholding were previously reported as directly owned shares.

Key Details

  • Transaction date and price: April 10, 2026; shares withheld at $90.74 per share.
  • Withheld shares and values: 630 shares ($57,166) and 1,550 shares ($140,647); combined ~2,180 shares / $197,813.
  • Footnotes: F1 notes withholding for the vesting of 1,139 RSUs; F3 notes withholding for the vesting of 2,802 RSUs. F2 and F4 state there are unvested RSU awards of 27,955 and 25,153 shares, respectively.
  • Shares owned after transaction: the excerpt does not list a new total share balance; the filing indicates previously reported directly owned RSUs were used to satisfy withholding.
  • Filing timeliness: Form filed Apr 14, 2026 for an Apr 10 transaction — appears to be filed within the required two business days (timely).
  • Transaction code meaning: "F" = shares withheld to satisfy tax withholding on vested awards (routine, not a market sale).

Context

  • This was a cashless tax-withholding event tied to RSU vesting, not an open-market sale or purchase. Such withholdings are routine and common when equity awards vest and do not necessarily signal insider views on the company’s stock price.