Kohl's (NYSE: KSS) insider files Rule 144 to sell 25,000 shares
Rhea-AI Filing Summary
Kohl's Corporation filed a notice of proposed insider share sales under Rule 144. The filing covers a planned sale of 25,000 shares of Kohl's common stock through Fidelity Brokerage Services LLC on the New York Stock Exchange, with an aggregate market value of $568,750.00 based on the figure provided. The filing states that 112,189,191 shares of common stock were outstanding.
The shares to be sold were acquired as equity compensation through multiple restricted stock vesting transactions from the issuer during 2021 and 2022, with each vesting paid in the form of compensation rather than cash purchases. The notice also includes the standard representation that the seller does not know of any undisclosed material adverse information about Kohl's current or prospective operations.
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FAQ
What does the Form 144 filing for Kohl's (KSS) disclose?
The Form 144 discloses a planned sale of 25,000 shares of Kohl's common stock by a holder, to be executed through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $568,750.00.
How many Kohl's (KSS) shares are outstanding according to this notice?
The notice states that there are 112,189,191 shares of Kohl's common stock outstanding.
When is the planned sale of Kohl's (KSS) shares expected to occur?
The planned sale of the 25,000 shares of Kohl's common stock is indicated with an approximate sale date of 12/04/2025.
How were the Kohl's (KSS) shares being sold under Form 144 acquired?
The shares were acquired through multiple restricted stock vesting transactions from the issuer in 2021 and 2022, with the nature of payment listed as compensation.
Does the Form 144 for Kohl's (KSS) include a representation about inside information?
Yes. The person on whose behalf the securities are to be sold represents by signing that they do not know any material adverse information about Kohl's current or prospective operations that has not been publicly disclosed.
Which broker is handling the planned sale of Kohl's (KSS) shares in this Form 144?
The notice lists Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island, as the broker for the proposed sale on the NYSE.