Kohl’s (KSS) director Cosset granted dividend-equivalent restricted stock and units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl’s Corp director Yael Cosset received additional share-based awards tied to the company’s dividend. On the transaction date, Cosset acquired 203 shares of common stock as restricted stock and 75 deferred restricted stock units, both granted in lieu of the company’s $0.125 per share cash dividend.
The new awards vest or settle on the same schedule as the underlying restricted stock and deferred restricted stock units. Following these routine compensation-related grants, Cosset directly owns 57,064 Kohl’s shares, including 21,113 unvested restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
COSSET YAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 203 | $0.00 | -- |
| Grant/Award | Common Stock | 75 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 56,989 shares (Direct)
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 April 1, 2026. These shares vest on the same schedule as the underlying shares of restricted stock. 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 21,113 unvested shares of restricted stock.
Key Figures
Restricted stock grant: 203 shares
Deferred RSU grant: 75 units
Dividend amount: $0.125 per share
+3 more
6 metrics
Restricted stock grant
203 shares
Award in lieu of $0.125 per share dividend
Deferred RSU grant
75 units
Award in lieu of $0.125 per share dividend
Dividend amount
$0.125 per share
Dividend issued on all Kohl’s common stock, payable April 1, 2026
Shares owned after transactions
57,064 shares
Total direct Kohl’s holdings following the Form 4 grants
Unvested restricted stock
21,113 shares
Portion of holdings noted as unvested restricted stock
Transactions classified as acquisitions
2 transactions
Both coded A as grant, award, or other acquisition
Key Terms
restricted stock, deferred restricted stock units, dividend, unvested shares, +1 more
5 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.
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"
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 regulatory
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What did Kohl’s (KSS) director Yael Cosset report in this Form 4?
Yael Cosset reported receiving additional share-based awards in Kohl’s stock. The filing shows 203 restricted shares and 75 deferred restricted stock units granted in lieu of a $0.125 per share dividend, reflecting routine, compensation-related adjustments rather than open-market buying or selling.
What are the 75 deferred restricted stock units reported for Kohl’s (KSS)?
The 75 units are deferred restricted stock units granted in lieu of the same $0.125 per share dividend. These units will be settled on the same timetable as the underlying deferred restricted stock units, aligning with the vesting and payout of the original deferred awards.
Does this Kohl’s (KSS) Form 4 show open-market buying or selling by Yael Cosset?
No, the Form 4 reflects grant or award acquisitions, not market trades. The 203 restricted shares and 75 deferred units were issued as dividend-equivalent awards, meaning they compensate for a cash dividend rather than representing discretionary stock purchases or sales.
How do dividend-equivalent awards work in this Kohl’s (KSS) Form 4?
Dividend-equivalent awards replace cash dividends with additional equity for restricted or deferred units. Here, Kohl’s issued extra restricted shares and deferred restricted stock units instead of paying the $0.125 per share cash dividend on those underlying share-based awards already held by Yael Cosset.