Kohl's (KSS) director granted 11,876 deferred stock units as compensation
Rhea-AI Filing Summary
Mitchell Robbin reported acquisition or exercise transactions in this Form 4 filing.
Kohl's Corp director Mitchell Robbin reported an equity award rather than an open-market trade. He received 11,876 deferred restricted stock units under the company’s Long-Term Compensation Plan at no cash cost. These units vest in full on the earlier of the first anniversary of the grant date or the next annual meeting, and will be settled in common shares when his board service ends. Following this grant, he directly holds 52,432 shares, including the 11,876 unvested deferred units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,876 shares
Net Buy
1 txn
Insider
Mitchell Robbin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,876 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 52,432 shares (Direct)
Footnotes (2)
- F1. Award of deferred restricted stock units under the Company's Long-Term Compensation Plan. These units vest in full on the earlier of: (1) the first anniversary of the grant date; or (2) the date of the Company's annual meeting for the following year. These units will be settled in shares of the Company's common stock on the reporting person's termination of service as a director.
- F2. Includes 11,876 unvested deferred restricted stock units.
Key Figures
Deferred RSU award: 11,876 units
Award price: $0.00 per unit
Total holdings after award: 52,432 shares
3 metrics
Deferred RSU award
11,876 units
Awarded under Long-Term Compensation Plan
Award price
$0.00 per unit
Grant/award acquisition with no cash price
Total holdings after award
52,432 shares
Direct ownership following the transaction
Key Terms
deferred restricted stock units, Long-Term Compensation Plan, vest in full, annual meeting
4 terms
deferred restricted stock units financial
"Award of deferred restricted stock units under the Company's Long-Term Compensation Plan."
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.
Long-Term Compensation Plan financial
"Award of deferred restricted stock units under the Company's Long-Term Compensation Plan."
A long-term compensation plan is a pay program that rewards executives and employees based on performance or continued service over multiple years, often using stock awards, options or multi-year bonuses. It matters to investors because it shapes managers’ incentives, affects potential share dilution and company costs, and signals whether leadership is encouraged to focus on sustainable growth rather than short-term results — like planting an orchard that pays off only after several seasons.
vest in full financial
"These units vest in full on the earlier of: (1) the first anniversary of the grant date;"
annual meeting financial
"or (2) the date of the Company's annual meeting for the following year."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kohl's (KSS) director Mitchell Robbin report in this Form 4?
Mitchell Robbin reported an award of 11,876 deferred restricted stock units, not an open-market transaction. The units were granted under Kohl’s Long-Term Compensation Plan and will convert into common shares at the end of his board service.
Is Mitchell Robbin buying or selling Kohl's (KSS) stock in this filing?
He is not buying or selling shares on the market in this filing. The Form 4 shows a grant of 11,876 deferred restricted stock units awarded as compensation, with no cash paid per share and no sale proceeds received.
When do Mitchell Robbin’s 11,876 Kohl's (KSS) deferred restricted stock units vest?
The 11,876 deferred restricted stock units vest in full on the earlier of the first anniversary of the grant date or the date of Kohl’s annual meeting for the following year, according to the award’s stated vesting conditions.