Dividend adds 425 restricted shares to Kohl's (NYSE: KSS) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCHLIFSKE JOHN E. reported acquisition or exercise transactions in this Form 4 filing.
Kohl's Corp director John E. Schlifske received 425 shares of common stock as an award of additional restricted stock in lieu of a $0.125 per share dividend paid on April 1, 2026. This is a compensation-related share grant, not an open-market purchase or sale.
After this award, he directly holds 107,750 shares of Kohl's common stock, including 44,188 unvested shares of restricted stock that will vest over time according to their existing schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHLIFSKE JOHN E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 425 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 107,750 shares (Direct)
Footnotes (1)
- Award of additional restricted stock in lieu of $0.125 per share dividend issued by the Company on all common stock, which was payable on April 1, 2026. These shares vest on the same schedule as the underlying shares of restricted stock. Includes 44,188 unvested shares of restricted stock.
Key Figures
Restricted shares awarded: 425 shares
Dividend amount: $0.125 per share
Shares held after award: 107,750 shares
+1 more
4 metrics
Restricted shares awarded
425 shares
Grant in lieu of $0.125 dividend on April 1, 2026
Dividend amount
$0.125 per share
Dividend issued by the company on all common stock, payable April 1, 2026
Shares held after award
107,750 shares
Total direct holdings of common stock following the transaction
Unvested restricted stock
44,188 shares
Included within post-transaction holdings as unvested restricted shares
Key Terms
restricted stock, unvested shares, dividend
3 terms
restricted stock financial
"Award of additional restricted stock in lieu of $0.125 per share dividend"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
dividend financial
"in lieu of $0.125 per share dividend issued by the Company on all common stock"
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.
FAQ
What did Kohl's (KSS) director John E. Schlifske report in this Form 4?
He reported receiving 425 shares of Kohl's common stock as additional restricted stock. The award was issued instead of a $0.125 per share dividend paid on April 1, 2026, and follows the same vesting schedule as his existing restricted stock.
Was the Kohl's (KSS) Form 4 transaction an open-market buy or sell?
No, it was not an open-market trade. The Form 4 shows a grant-type acquisition of 425 restricted shares in lieu of a cash dividend, at a reported price of $0.0000 per share, meaning it is part of compensation rather than a market purchase or sale.