Kohl's (NYSE: KSS) Sr. EVP reports RSU grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl's Corp senior executive Jennifer J. Kent reported routine equity compensation activity in company stock. She acquired 7,370 shares of common stock at no cost as a grant tied to vested restricted stock units and related dividend equivalents. On the same date, 12,846 shares were withheld at $13.18 per share to cover tax obligations from the vesting, which is not an open-market sale. After these transactions, she directly owned 198,481 shares of common stock, including 102,793 unvested restricted stock units. These events reflect standard long-term compensation and tax withholding mechanics rather than discretionary market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kent Jennifer J.
Role
Sr. EVP, CLO & Corp. Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,370 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,846 | $13.18 | $169K |
Holdings After Transaction:
Common Stock — 211,327 shares (Direct)
Footnotes (1)
- Issuance of additional shares representing dividend equivalent amount on vested restricted stock units. Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock units and corresponding dividend equivalent amounts under the Company's Long-Term Compensation Plan. Includes 102,793 unvested restricted stock units.
FAQ
What insider transactions did Kohl's (KSS) executive Jennifer J. Kent report?
Jennifer J. Kent reported receiving 7,370 Kohl's common shares as a grant related to vested restricted stock units. She also had 12,846 shares withheld to satisfy tax obligations upon vesting under the company’s Long-Term Compensation Plan.
Were Jennifer J. Kent’s Kohl's (KSS) Form 4 transactions open-market trades?
No, the Form 4 shows compensation-related activity only. Shares were issued as a grant tied to restricted stock unit vesting, and additional shares were withheld solely to cover tax liabilities, with no open-market purchases or sales reported.
How many unvested restricted stock units does Jennifer J. Kent have at Kohl's (KSS)?
The filing notes that Jennifer J. Kent’s holdings include 102,793 unvested restricted stock units. These units are part of her long-term compensation and will convert to shares only upon meeting applicable vesting requirements.