Kohl's (NYSE: KSS) director granted stock and RSUs instead of cash dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COSSET YAEL reported acquisition or exercise transactions in this Form 4 filing.
Kohl's Corp director Yael Cosset reported routine equity awards tied to the company’s cash dividend. On June 24, 2026, Cosset received 51 shares of restricted stock and 89 deferred restricted stock units in lieu of the company’s $0.125 per share dividend on common stock.
These additional awards vest or settle on the same schedule as the underlying restricted stock and deferred restricted stock units. After the grants, the filing shows direct holdings of common stock of 70,718 shares and 70,667 shares in the respective entries, including 13,603 unvested restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
COSSET YAEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 89 | $0.00 | -- |
| Grant/Award | Common Stock | 51 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 70,667 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. 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 June 24, 2026. These units will be settled on the same schedule as the underlying deferred restricted stock units. Includes 13,603 unvested shares of restricted stock.
Key Figures
Restricted stock award: 51 shares
Deferred RSU award: 89 units
Dividend amount: $0.125 per share
+3 more
6 metrics
Restricted stock award
51 shares
Awarded June 24, 2026 in lieu of $0.125 dividend
Deferred RSU award
89 units
Awarded June 24, 2026 in lieu of $0.125 dividend
Dividend amount
$0.125 per share
Cash dividend on all Kohl's common stock, payable June 24, 2026
Direct holdings entry 1
70,718 shares
Common stock held directly after 51-share restricted award
Direct holdings entry 2
70,667 shares
Common stock held directly after 89-unit deferred RSU award
Unvested restricted stock
13,603 shares
Included within Cosset’s reported holdings
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 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 insider transaction did Kohl's (KSS) report for director Yael Cosset?
Kohl's reported that director Yael Cosset received equity awards as part of compensation. The Form 4 shows grants of restricted stock and deferred restricted stock units issued in lieu of a cash dividend, rather than open-market purchases or sales of Kohl's common shares.
Why did Yael Cosset receive additional Kohl's (KSS) stock and units?
Cosset’s additional stock and units were awarded in lieu of cash from a $0.125 per share dividend. Instead of receiving the dividend in cash, the director’s existing restricted stock and deferred units generated equivalent additional restricted shares and deferred restricted stock units under Kohl's compensation structure.
How do the new Kohl's (KSS) awards to Yael Cosset vest or settle?
The new awards follow the same timing as the original grants. The 51 extra restricted shares vest on the same schedule as the underlying restricted stock, and the 89 deferred restricted stock units will be settled on the same schedule as the underlying deferred restricted stock units already held.
Does this Kohl's (KSS) Form 4 indicate open-market buying or selling by Yael Cosset?
The Form 4 reflects compensation-related acquisitions, not market trades. Both transactions are coded as “A” for grants or awards, issued in stock and deferred stock units in lieu of a cash dividend. No open-market purchases or sales of Kohl's shares are reported here.