STOCK TITAN

Kohl’s (KSS) director Cosset granted dividend-equivalent restricted stock and units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
unvested shares financial
"Includes 21,113 unvested shares of restricted stock."
grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition"
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*
COSSET YAEL

(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 Stock04/01/2026A203A(1)56,989D
Common Stock04/01/2026A75A(2)57,064(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 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.
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 21,113 unvested shares of restricted stock.
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)

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.

How many Kohl’s (KSS) shares does Yael Cosset hold after these transactions?

After these awards, Yael Cosset directly holds 57,064 Kohl’s common shares. This total includes both vested and unvested equity, with 21,113 shares specifically noted as unvested restricted stock that will vest according to previously established schedules.

What is the nature of the 203 Kohl’s (KSS) shares granted to Yael Cosset?

The 203 shares are restricted stock awarded instead of a $0.125 per share cash dividend. They are tied to existing restricted stock and will vest on the same schedule, meaning Cosset gains full ownership only as original award vesting conditions are met over time.

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.