Kohl's (NYSE: KSS) director receives 78 restricted shares from dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Villagomez Adolfo reported acquisition or exercise transactions in this Form 4 filing.
Kohl's Corp director Adolfo Villagomez received an award of 78 shares of common stock on account of a $0.125 per share cash dividend the company paid on its stock. The award is structured as additional restricted stock that will vest on the same schedule as his existing restricted shares.
After this grant, Villagomez directly holds 42,405 shares of Kohl's common stock, including 11,954 unvested restricted shares. The transaction reflects routine, compensation-related dividend equivalents rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Villagomez Adolfo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 78 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 42,405 shares (Direct, null)
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 June 24, 2026. These shares vest on the same schedule as the underlying shares of restricted stock. Includes 11,954 unvested shares of restricted stock.
Key Figures
Restricted stock award: 78 shares
Dividend amount: $0.125 per share
Total holdings after transaction: 42,405 shares
+1 more
4 metrics
Restricted stock award
78 shares
Dividend-equivalent grant on common stock
Dividend amount
$0.125 per share
Cash dividend underpinning the stock award
Total holdings after transaction
42,405 shares
Director’s direct ownership following grant
Unvested restricted shares
11,954 shares
Portion of holdings that remain unvested
Key Terms
restricted stock, dividend, unvested shares, grant, award, or other acquisition
4 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"
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 Adolfo Villagomez report?
Adolfo Villagomez reported receiving 78 shares of Kohl's common stock as a restricted stock award. The grant represents dividend-equivalent shares tied to a $0.125 per share dividend and follows the same vesting schedule as his existing restricted stock.
Was the Kohl's (KSS) Form 4 transaction a market buy or sell?
The Form 4 transaction was not a market buy or sell. Villagomez received 78 shares as a grant of restricted stock in lieu of a cash dividend, classified as a compensation-related acquisition rather than an open-market trade in Kohl's shares.
What does the $0.125 dividend mean in the Kohl's (KSS) Form 4 filing?
Kohl's paid a $0.125 per share cash dividend on its common stock. Instead of receiving that dividend in cash on certain restricted shares, Villagomez received 78 additional restricted shares, which align with the dividend and vest with his underlying restricted stock.