Kohl's (KSS) director Wendy Arlin receives additional deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arlin Wendy C. reported acquisition or exercise transactions in this Form 4 filing.
Kohl's Corp director Wendy C. Arlin received additional equity awards tied to existing deferred restricted stock units, not open-market purchases. On April 1, 2026, she was granted 246 and 62 common-share-equivalent deferred restricted stock units as dividend equivalents based on a $0.125 per share dividend.
These new units vest and will be settled on the same schedule as the underlying deferred restricted stock units. After these awards, Arlin directly holds 38,198 common shares and equivalents, including 25,616 unvested deferred restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Arlin Wendy C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 246 | $0.00 | -- |
| Grant/Award | Common Stock | 62 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,136 shares (Direct)
Footnotes (1)
- Award of additional deferred restricted stock units in lieu of $0.125 per share dividend issued by the Company on all common stock, which was payable on April 1, 2026. These units vest and will be settled on the same schedule as the underlying deferred restricted stock units. Award of additional deferred restricted stock units in lieu of $0.125 per share dividend issued by the Company on all common stock, which was payable on April 1, 2026. These units will be settled on the same schedule as the underlying deferred restricted stock units. Includes 25,616 unvested deferred restricted stock units.
Key Figures
Deferred RSUs granted (lot 1): 246 units
Deferred RSUs granted (lot 2): 62 units
Dividend amount per share: $0.125 per share
+2 more
5 metrics
Deferred RSUs granted (lot 1)
246 units
Award of additional deferred restricted stock units on April 1, 2026
Deferred RSUs granted (lot 2)
62 units
Second award of additional deferred restricted stock units on April 1, 2026
Dividend amount per share
$0.125 per share
Dividend paid on all Kohl's common stock payable on April 1, 2026
Total holdings after awards
38,198 shares
Common stock and equivalents directly held following April 1, 2026 transactions
Unvested deferred RSUs
25,616 units
Unvested deferred restricted stock units included in post-transaction holdings
Key Terms
deferred restricted stock units, dividend, grant, award, or other acquisition
3 terms
deferred restricted stock units financial
"Includes 25,616 unvested deferred restricted stock units."
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
dividend financial
"in lieu of $0.125 per share dividend issued by the Company"
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Kohl's (KSS) director Wendy C. Arlin report?
Wendy C. Arlin reported receiving additional deferred restricted stock units, not buying shares in the market. The awards were granted as dividend equivalents on existing units and are settled and vested on the same schedule as the underlying deferred restricted stock units.
How many Kohl's (KSS) deferred restricted stock units did Wendy Arlin receive?
She received 246 and 62 additional deferred restricted stock units of Kohl's common stock. These units were granted in lieu of a $0.125 per share dividend and mirror the vesting and settlement schedule of the related underlying deferred restricted stock units previously awarded to her.
Why did Kohl's (KSS) grant Wendy Arlin additional deferred restricted stock units?
The additional units were awarded in lieu of a $0.125 per share cash dividend paid on April 1, 2026. Instead of receiving cash, Wendy Arlin received equivalent deferred restricted stock units that follow the same vesting and settlement terms as her existing deferred restricted stock units.
What are deferred restricted stock units in the Kohl's (KSS) Form 4 filing?
Deferred restricted stock units are equity awards that track the value of Kohl's common stock and generally settle in shares at a future date. In this case, the new units vest and settle on the same schedule as the underlying deferred restricted stock units previously granted to the director.