Kohl’s exec reports RSU grant and tax withholding
Kohl’s Corp executive Raymond Christie reported routine equity compensation activity.
Rhea-AI Filing Summary
Kohl’s Corp executive Raymond Christie reported routine equity compensation activity. He acquired 650 shares of common stock at $0.00 per share as a dividend-equivalent grant on vested restricted stock units.
To cover tax withholding on the vesting of restricted stock units and related dividend equivalents, 1,795 shares were disposed of at $12.35 per share. After these transactions, Christie directly holds 239,349 shares of Kohl’s common stock, which the disclosure notes includes 135,208 unvested restricted stock units.
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Insights
Routine stock-unit vesting with tax withholding; no open‑market trading.
Senior EVP and Chief Marketing Officer Raymond Christie received 650 Kohl’s common shares as a dividend-equivalent grant tied to vested restricted stock units, a standard feature of long-term incentive plans. No cash outlay was required, with the shares valued at $0.00 per share in the filing.
To satisfy tax obligations from the RSU vesting and corresponding dividend equivalents, 1,795 shares were withheld at $12.35 per share. This F-code transaction is a non-market disposition, not an open-market sale, and mainly reflects tax payment mechanics.
Following these events, Christie directly holds 239,349 shares, and the position includes 135,208 unvested restricted stock units under the company’s Long-Term Compensation Plan. This pattern is typical of executive compensation and does not, by itself, signal a change in sentiment toward Kohl’s stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 650 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,795 | $12.35 | $22K |
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 135,208 unvested restricted stock units.
FAQ
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What insider transactions did Raymond Christie report in this Kohl’s (KSS) Form 4?
Was the Kohl’s (KSS) Form 4 transaction an open-market stock sale by Raymond Christie?
How does this Kohl’s (KSS) Form 4 reflect the structure of Raymond Christie’s compensation?
AI-generated analysis. How Rhea-AI works. Not financial advice.