Kohl’s CFO logs RSU dividend shares, tax withholding
Kohl's Corp Chief Financial Officer Jill Timm reported routine equity compensation-related transactions in company stock.
Rhea-AI Filing Summary
Kohl's Corp Chief Financial Officer Jill Timm reported routine equity compensation-related transactions in company stock. She acquired 997 shares of common stock at $0.0000 per share as an issuance of additional shares representing dividend equivalents on vested restricted stock units. On the same date, 2,751 shares were disposed of at $12.35 per share to satisfy tax withholding obligations tied to vesting of restricted stock units and corresponding dividend equivalents under the company’s long-term compensation plan, rather than through an open-market sale. After these transactions, she directly owned 345,807 shares of common stock, which include 149,575 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 997 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,751 | $12.35 | $34K |
Footnotes (3)
- F1. Issuance of additional shares representing dividend equivalent amount on vested restricted stock units.
- F2. 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.
- F3. Includes 149,575 unvested restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kohl's (KSS) CFO Jill Timm report in this Form 4 filing?
Were Jill Timm’s Kohl's (KSS) Form 4 transactions open-market stock trades?
What is the role of tax withholding in Jill Timm’s Kohl's (KSS) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.