Kohl's Corp (KSS) director granted 252 restricted shares in lieu of dividend
Rhea-AI Filing Summary
Kohl's Corp director reports dividend-equivalent restricted stock grant
A director of Kohl's Corp received an award of 252 shares of common stock on December 24, 2025. The award is described as additional restricted stock granted in lieu of a $0.125 per share cash dividend paid by the company on all common stock on that date, and these new shares vest on the same schedule as the director’s existing restricted stock.
After this transaction, the director beneficially owns 107,325 Kohl's shares, including 43,763 unvested restricted shares, all held directly. This filing reflects equity-based compensation rather than an open-market purchase or sale.
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FAQ
What insider transaction did Kohl's Corp (KSS) report in this Form 4?
The Form 4 reports that a Kohl's Corp director received 252 shares of common stock as additional restricted stock on December 24, 2025, issued in lieu of a $0.125 per share dividend.
Was the Kohl's Corp (KSS) director buying or selling shares on the open market?
No open-market trade is reported. The filing shows an award of 252 restricted shares as stock-based compensation in place of a cash dividend, not a market purchase or sale.
How many Kohl's Corp (KSS) shares does the reporting director now beneficially own?
Following the reported transaction, the director beneficially owns 107,325 shares of Kohl's common stock, held directly. This total includes 43,763 unvested restricted shares.
Why did the Kohl's Corp (KSS) director receive 252 restricted shares instead of a cash dividend?
The explanation states the grant is an award of additional restricted stock in lieu of the
When do the new restricted shares granted to the Kohl's Corp (KSS) director vest?
The filing notes that the 252 additional restricted shares will vest on the same schedule as the underlying existing shares of restricted stock held by the director.
What is the reporting person's relationship to Kohl's Corp (KSS)?
The individual filing this Form 4 is identified as a director of Kohl's Corp and the form is filed by one reporting person.