Kohl's (KSS) director receives 187-share dividend-equivalent restricted stock award
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 187 shares of common stock as a stock award linked to the company’s dividend. The grant carried a price of $0.00 per share because it was issued in lieu of a $0.125 per share cash dividend on existing restricted stock.
After this award, Schlifske directly holds 136,193 Kohl's shares, including 28,443 unvested restricted shares. The new shares vest on the same schedule as the underlying restricted stock, so this filing reflects routine, compensation-related equity accrual rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHLIFSKE JOHN E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 187 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 136,193 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 28,443 unvested shares of restricted stock.
Key Figures
Restricted stock award: 187 shares
Award price: $0.00 per share
Dividend amount: $0.125 per share
+2 more
5 metrics
Restricted stock award
187 shares
Dividend-equivalent grant on common stock
Award price
$0.00 per share
Grant in lieu of $0.125 per share dividend
Dividend amount
$0.125 per share
Company dividend underlying the stock award
Post-transaction holdings
136,193 shares
Total Kohl's shares directly held after grant
Unvested restricted stock
28,443 shares
Unvested portion included in direct holdings
Key Terms
restricted stock, unvested shares, dividend, 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 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Kohl's (KSS) director John E. Schlifske report in this Form 4?
John E. Schlifske reported receiving 187 shares of Kohl's common stock as a stock award. The shares were issued in lieu of a $0.125 per share dividend on restricted stock and vest on the same schedule as the underlying restricted shares.
Was the Kohl's (KSS) Form 4 transaction an open-market buy or sell?
No, the Form 4 does not show an open-market buy or sell. It reports a grant of 187 shares as a dividend-equivalent restricted stock award, with a $0.00 per share price, tied to a $0.125 per share dividend on existing restricted stock.