Kohl's (KSS) director receives additional dividend stock unit awards
Rhea-AI Filing Summary
Arlin Wendy C. reported acquisition or exercise transactions in this Form 4 filing.
Kohl's Corp director Wendy C. Arlin reported awards of additional deferred restricted stock units tied to the company’s common stock. On June 24, 2026, she received 212 units and 108 units as stock awards with a stated price of $0.0000 per unit, reflecting dividend equivalents of $0.125 per share issued on all common stock.
The footnotes explain these are additional deferred restricted stock units granted in lieu of that dividend and that they will vest and be settled on the same schedule as the underlying deferred restricted stock units. Her holdings include 16,488 unvested deferred restricted stock units as part of her overall equity compensation.
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Insider Trade Summary
Net Buyer: 320 shares
Net Buy
2 txns
Insider
Arlin Wendy C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 108 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 212 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 54,898 shares (Direct)
Footnotes (3)
- F1. 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 June 24, 2026. These units vest and will be settled on the same schedule as the underlying deferred restricted stock units.
- F2. 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 June 24, 2026. These units will be settled on the same schedule as the underlying deferred restricted stock units.
- F3. Includes 16,488 unvested deferred restricted stock units.
Key Figures
Dividend equivalent: $0.125 per share
Deferred stock units granted: 212 units
Deferred stock units granted: 108 units
+2 more
5 metrics
Dividend equivalent
$0.125 per share
Dividend issued on all common stock, payable June 24, 2026
Deferred stock units granted
212 units
Award of additional deferred restricted stock units on June 24, 2026
Deferred stock units granted
108 units
Second award of additional deferred restricted stock units on June 24, 2026
Unvested deferred stock units
16,488 units
Unvested deferred restricted stock units included in holdings
Award price per unit
$0.0000
Recorded transaction price for each deferred restricted stock unit
Key Terms
deferred restricted stock units, dividend, Common Stock, unvested
4 terms
deferred restricted stock units financial
"These units vest and will be settled on the same schedule as the underlying 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 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.
Common Stock financial
"dividend issued by the Company on all common stock, which was payable on June 24, 2026."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
unvested financial
"Includes 16,488 unvested deferred restricted stock units."
FAQ
What insider transaction did Kohl's (KSS) director Wendy C. Arlin report?
Wendy C. Arlin reported awards of additional deferred restricted stock units tied to Kohl's common stock. These awards reflect stock equivalents in lieu of a cash dividend and form part of her overall equity-based director compensation.
How many deferred restricted stock units did Wendy C. Arlin receive at Kohl's (KSS)?
She received two awards totaling 320 deferred restricted stock units, with grants of 212 units and 108 units. Both grants are recorded at a price of $0.0000 per unit as stock-based awards linked to dividend equivalents.
Why were additional deferred restricted stock units granted to Kohl's (KSS) director?
The additional units were granted in lieu of a $0.125 per share dividend issued on all Kohl's common stock. Instead of receiving cash for that dividend, the director received equivalent deferred restricted stock units that align with her existing awards.
When do the new deferred restricted stock units for Kohl's (KSS) director vest and settle?
The new units will vest and be settled on the same schedule as the underlying deferred restricted stock units. This means their timing follows the original award’s vesting terms rather than creating a new, separate vesting timetable.
How many unvested deferred restricted stock units does the Kohl's (KSS) director hold?
Her reported holdings include 16,488 unvested deferred restricted stock units. This figure reflects a portion of her total equity-based compensation and shows the scale of stock units that are still subject to vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
