Kohl's (NYSE: KSS) HR chief reports grant, tax withholding and small sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl's Corp senior executive Mari Steinmetz reported routine equity compensation activity and a small pre-planned share sale. She received 513 shares of common stock as a dividend-equivalent grant tied to vested restricted stock units, while 1,246 shares were withheld to cover tax obligations on those vestings under the company’s long-term compensation plan.
Steinmetz also sold 351 shares of common stock in an open-market transaction at $13.51 per share, executed automatically under a previously adopted Rule 10b5-1 trading plan. After these transactions, she directly holds 243,254 common shares, including 218,156 unvested restricted stock units, indicating the sale was small relative to her overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 351 shares ($4,742)
Net Sell
3 txns
Insider
Steinmetz Mari
Role
Sr. EVP, Chief People Officer
Sold
351 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 351 | $13.51 | $5K |
| Grant/Award | Common Stock | 513 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,246 | $13.46 | $17K |
Holdings After Transaction:
Common Stock — 243,254 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 218,156 unvested restricted stock units. The reported sale of an aggregate of 351 shares occurred automatically pursuant to a previously disclosed Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.
Key Figures
Open-market shares sold: 351 shares
Sale price: $13.51/share
Dividend-equivalent grant: 513 shares
+3 more
6 metrics
Open-market shares sold
351 shares
Common stock sale at $13.51 per share
Sale price
$13.51/share
Price for 351-share open-market sale
Dividend-equivalent grant
513 shares
Issuance tied to vested restricted stock units
Tax-withholding shares
1,246 shares
Shares withheld to satisfy tax obligations on vesting
Post-transaction holdings
243,254 shares
Direct common stock holdings after transactions
Unvested RSUs included
218,156 units
Unvested restricted stock units within total holdings
Key Terms
restricted stock units, dividend equivalent amount, tax withholding obligations, Long-Term Compensation Plan, +1 more
5 terms
restricted stock units financial
"Includes 218,156 unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent amount financial
"Issuance of additional shares representing dividend equivalent amount on vested restricted stock units."
tax withholding obligations financial
"Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock units"
Long-Term Compensation Plan financial
"under the Company's Long-Term Compensation Plan."
Rule 10b5-1 trading plan regulatory
"occurred automatically pursuant to a previously disclosed Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transactions did KSS executive Mari Steinmetz report?
Mari Steinmetz reported a small automatic open-market sale of 351 Kohl's shares, a grant of 513 shares as dividend equivalents, and 1,246 shares withheld for taxes. These moves stem from routine equity compensation and tax obligations tied to restricted stock units.
What equity awards did Mari Steinmetz receive from Kohl's (KSS)?
She received 513 additional Kohl's shares as a dividend-equivalent issuance on vested restricted stock units. This represents routine compensation under the company’s long-term compensation plan, increasing her direct share holdings without any cash outlay at the time of the award.