SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Alvarez Jose B

(Last) (First) (Middle)
C/O THE TJX COMPANIES, INC.
770 COCHITUATE RD.

(Street)
FRAMINGHAM MA 01701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TJX COMPANIES INC /DE/ [ TJX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Units $0 06/10/2025 A 793.4 (1) (1) Common Stock 793.4 $0 6,978.16 D
Deferred Stock Units $0 06/10/2025 A 76.06 (2) (2) Common Stock 76.06 $0 7,054.22 D
Deferred Stock Units $0 06/10/2025 A 793.4 (3) (3) Common Stock 793.4 $0 6,978.16 D
Deferred Stock Units $0 06/10/2025 A 76.06 (4) (4) Common Stock 76.06 $0 7,054.22 D
Explanation of Responses:
1. Constitutes an annual award of deferred shares under the Stock Incentive Plan having a grant date fair value of $100,000. Shares will be delivered following the Director's departure from the Board, under and subject to the terms of the Plan.
2. 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 4, 2024. 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.
3. Constitutes an additional award of deferred shares under the Stock Incentive Plan having a grant date fair value of $100,000. 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.
4. 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 4, 2024. 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.
/s/ Erica Farrell, by Power of Attorney dated June 11, 2025 06/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

POWER of ATTORNEY

For Forms 3, 4, and 5 and Forms 144

 

 

I hereby constitute and appoint each of John Klinger, Alicia Kelly, and Erica Farrell acting singly, with full power of substitution to each, my true and lawful attorney-in-fact to:

 

1.
prepare, execute, and file with the United States Securities and Exchange Commission (the “SEC”) and any stock exchange or similar authority for and on my behalf Forms 3, 4, and 5 pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules thereunder with respect to securities of The TJX Companies, Inc. (the “Company”) and any amendments thereto;

 

2.
prepare, execute, and file with the SEC and any stock exchange or similar authority for and on my behalf Forms 144 pursuant to Rule 144 of the Securities Act of 1933, as amended (the “Securities Act”), and the rules thereunder with respect to securities of the Company and any amendments thereto; and

 

3.
prepare, execute, and file such other documents and take such other action that I could take and which, in the opinion of the attorney-in-fact so acting, may be necessary or desirable in connection with the foregoing.

 

I acknowledge that the documents executed by such attorney-in-fact on my behalf pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion but that I remain responsible for the content of such forms. I further acknowledge that neither the foregoing attorneys-in-fact in serving in such capacity at my request nor the Company is assuming any responsibilities for my compliance with Section 16 of the Exchange Act or Rule 144 of the Securities Act, and shall have no liability for any action taken or failed to be taken pursuant to this Power of Attorney or with respect to such compliance.

 

This Power of Attorney shall remain in full force and effect until I am no longer required to file Forms 3, 4, and 5 and/or Form 144, as applicable with respect to securities of the Company, unless earlier revoked by me in a signed writing delivered to the foregoing attorneys-in-fact. This Power of Attorney may be filed with the SEC as a confirming statement of authority granted herein.

 

 

IN WITNESS WHEREOF, I have caused this Power of Attorney to be executed as of this 11th day of June, 2025.

 

 

/s/ Jose B. Alvarez

Signature

 

Jose B. Alvarez

Print Name



POWER of ATTORNEY

For Forms 3, 4, and 5 and Forms 144

 

 

I hereby constitute and appoint each of John Klinger, Alicia Kelly, and Erica Farrell acting singly, with full power of substitution to each, my true and lawful attorney-in-fact to:

 

1.
prepare, execute, and file with the United States Securities and Exchange Commission (the “SEC”) and any stock exchange or similar authority for and on my behalf Forms 3, 4, and 5 pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules thereunder with respect to securities of The TJX Companies, Inc. (the “Company”) and any amendments thereto;

 

2.
prepare, execute, and file with the SEC and any stock exchange or similar authority for and on my behalf Forms 144 pursuant to Rule 144 of the Securities Act of 1933, as amended (the “Securities Act”), and the rules thereunder with respect to securities of the Company and any amendments thereto; and

 

3.
prepare, execute, and file such other documents and take such other action that I could take and which, in the opinion of the attorney-in-fact so acting, may be necessary or desirable in connection with the foregoing.

 

I acknowledge that the documents executed by such attorney-in-fact on my behalf pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion but that I remain responsible for the content of such forms. I further acknowledge that neither the foregoing attorneys-in-fact in serving in such capacity at my request nor the Company is assuming any responsibilities for my compliance with Section 16 of the Exchange Act or Rule 144 of the Securities Act, and shall have no liability for any action taken or failed to be taken pursuant to this Power of Attorney or with respect to such compliance.

 

This Power of Attorney shall remain in full force and effect until I am no longer required to file Forms 3, 4, and 5 and/or Form 144, as applicable with respect to securities of the Company, unless earlier revoked by me in a signed writing delivered to the foregoing attorneys-in-fact. This Power of Attorney may be filed with the SEC as a confirming statement of authority granted herein.

 

 

IN WITNESS WHEREOF, I have caused this Power of Attorney to be executed as of this 11th day of June, 2025.

 

 

/s/ Jose B. Alvarez

Signature

 

Jose B. Alvarez

Print Name



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