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Kohls (KSS) director gains extra deferred stock units in lieu of dividend

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KOHLS Corp director Mitchell Robbin received additional stock-based awards rather than cash dividends. On April 1, 2026, he acquired 178 and 62 shares of Common Stock through awards of additional deferred restricted stock units in lieu of a $0.125 per share dividend on all common stock.

These deferred restricted stock units will vest and be settled on the same schedule as the underlying deferred restricted stock units. After these awards, Robbin directly holds 40,556 shares of Common Stock, including 18,572 unvested deferred restricted stock units, reflecting routine, compensation-related increases in his equity position.

Positive

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Negative

  • None.
Insider Mitchell Robbin
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 178 $0.00 --
Grant/Award Common Stock 62 $0.00 --
Holdings After Transaction: Common Stock — 40,494 shares (Direct)
Footnotes (1)
  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 18,572 unvested deferred restricted stock units.
Deferred RSU award 1 178 shares Additional deferred restricted stock units granted on April 1, 2026
Deferred RSU award 2 62 shares Additional deferred restricted stock units granted on April 1, 2026
Dividend amount per share $0.125 per share Dividend on all common stock payable on April 1, 2026
Total shares after transactions 40,556 shares Common Stock directly held by Mitchell Robbin after awards
Unvested deferred RSUs included 18,572 units Unvested deferred restricted stock units included in total holdings
deferred restricted stock units financial
"Award of additional deferred restricted stock units in lieu of $0.125 per share dividend"
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.
unvested financial
"Includes 18,572 unvested deferred restricted stock units."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mitchell Robbin
(Last)(First)(Middle)
N56 W17000 RIDGEWOOD DRIVE
(Street)
MENOMONEE FALLS WISCONSIN 53051
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
KOHLS Corp [ KSS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026A178A(1)40,494D
Common Stock04/01/2026A62A(2)40,556(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
3. Includes 18,572 unvested deferred restricted stock units.
By: Megan E. Glise, P.O.A.04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did KOHLS Corp (KSS) director Mitchell Robbin report?

Director Mitchell Robbin reported acquiring additional Common Stock via awards of deferred restricted stock units. These awards were issued in lieu of a $0.125 per share dividend on all common stock payable on April 1, 2026, increasing his equity-based holdings.

How many KOHLS Corp (KSS) shares did Mitchell Robbin acquire in this Form 4?

Mitchell Robbin acquired 178 and 62 shares of Common Stock, represented by additional deferred restricted stock units. These units were granted instead of receiving a $0.125 per share cash dividend and follow the same vesting and settlement schedule as the underlying deferred restricted stock units.

What is the nature of the stock awards reported by KOHLS Corp (KSS) director Mitchell Robbin?

The awards are additional deferred restricted stock units granted in lieu of a $0.125 per share dividend on all common stock. They vest and will be settled on the same schedule as the underlying deferred restricted stock units, aligning with previously granted equity awards.

What are Mitchell Robbin’s total KOHLS Corp (KSS) holdings after this Form 4?

After these transactions, Mitchell Robbin directly holds 40,556 shares of KOHLS Corp Common Stock. This total includes 18,572 unvested deferred restricted stock units, reflecting both vested and unvested components within his overall equity position at the company.

Did KOHLS Corp (KSS) director Mitchell Robbin buy or sell stock on the open market?

The filing shows no open-market buys or sells. Instead, Mitchell Robbin acquired Common Stock through grant or award transactions of deferred restricted stock units, recorded at a transaction price of $0.0000 per share, consistent with non-cash, equity-based compensation awards.

How are the new deferred restricted stock units for KOHLS Corp (KSS) director treated over time?

The additional deferred restricted stock units vest and will be settled on the same schedule as the underlying deferred restricted stock units. This means their vesting and eventual settlement follow the timing and conditions already set for Robbin’s existing deferred restricted stock unit grants.