Kohl’s (NYSE: KSS) marketing chief reports RSU dividend award and tax shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl's Corp senior executive Raymond Christie reported routine equity compensation adjustments. On dividend equivalents tied to vested restricted stock units, he received 84 shares of common stock and used 40 shares to satisfy related tax withholding obligations. After these transactions, he directly holds 276,760 shares of Kohl's common stock, including 142,111 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Raymond Christie
Role
Sr. EVP, Chief Marketing Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 84 | $0.00 | -- |
| Tax Withholding | Common Stock | 40 | $17.53 | $701.20 |
Holdings After Transaction:
Common Stock — 276,760 shares (Direct, null)
Footnotes (1)
- Issuance of additional shares representing the dividend equivalent amount on vested restricted stock units. Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock unit dividend equivalent amounts under the Company's Long-Term Compensation Plan. Includes 142,111 unvested restricted stock units.
Key Figures
Tax-withholding shares: 40 shares
RSU dividend award: 84 shares
Holdings after transactions: 276,760 shares
+2 more
5 metrics
Tax-withholding shares
40 shares
Shares delivered at $17.53 to satisfy tax obligations on 2026-06-24
RSU dividend award
84 shares
Grant/award acquisition of common stock at $0.00 per share
Holdings after transactions
276,760 shares
Total direct Kohl’s common stock following 2026-06-24 transactions
Unvested RSUs included
142,111 units
Unvested restricted stock units included in reported holdings
Tax-withholding price
$17.53 per share
Value used for tax-withholding disposition of 40 shares
Key Terms
dividend equivalent amount, restricted stock units, tax withholding obligations, Long-Term Compensation Plan, +1 more
5 terms
dividend equivalent amount financial
"Issuance of additional shares representing the dividend equivalent amount on vested restricted stock units."
restricted stock units financial
"Issuance of additional shares representing the dividend equivalent amount on vested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock unit dividend equivalent amounts under the Company's Long-Term Compensation Plan."
Long-Term Compensation Plan financial
"upon vesting of restricted stock unit dividend equivalent amounts under the Company's Long-Term Compensation Plan."
A long-term compensation plan is a pay program that rewards executives and employees based on performance or continued service over multiple years, often using stock awards, options or multi-year bonuses. It matters to investors because it shapes managers’ incentives, affects potential share dilution and company costs, and signals whether leadership is encouraged to focus on sustainable growth rather than short-term results — like planting an orchard that pays off only after several seasons.
unvested restricted stock units financial
"Includes 142,111 unvested restricted stock units."
FAQ
What insider transactions did Raymond Christie report for KSS on this Form 4?
Raymond Christie reported a routine equity adjustment, receiving 84 Kohl’s common shares as a grant tied to dividend equivalents and disposing of 40 shares to cover tax withholding. These transactions relate to vested restricted stock unit dividend equivalents, not open-market buying or selling.
What does the tax-withholding disposition in the KSS Form 4 represent?
The tax-withholding disposition represents 40 Kohl’s shares used to satisfy tax obligations when dividend equivalent amounts on restricted stock units vested. Rather than paying cash, shares were delivered to cover withholding taxes under the company’s Long-Term Compensation Plan.