Kohls (NYSE: KSS) exec logs RSU dividend shares and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohls Corp senior executive Fred Hand reported routine equity compensation-related share movements. He acquired 937 shares of common stock as dividend equivalent amounts on vested restricted stock units. On the same date, 8,167 shares were withheld at $12.20 per share to cover tax obligations tied to vesting of restricted stock units and related dividend equivalents under the company’s Long-Term Compensation Plan.
After these transactions, Hand directly owned 251,975 common shares, which include 113,172 unvested restricted stock units. These events reflect compensation and tax withholding mechanics rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hand Fred
Role
Sr. EVP, Director of Stores
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 937 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,167 | $12.20 | $100K |
Holdings After Transaction:
Common Stock — 260,142 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 113,172 unvested restricted stock units.
Key Figures
RSU dividend equivalent shares: 937 shares
Shares withheld for taxes: 8,167 shares at $12.20
Post-transaction holdings: 251,975 shares
+1 more
4 metrics
RSU dividend equivalent shares
937 shares
Common stock granted as dividend equivalent on vested RSUs on March 31, 2026
Shares withheld for taxes
8,167 shares at $12.20
Common stock used to satisfy tax withholding on RSU vesting on March 31, 2026
Post-transaction holdings
251,975 shares
Directly owned common shares following transactions
Unvested RSUs
113,172 units
Unvested restricted stock units included within reported holdings
Key Terms
restricted stock units, dividend equivalent amount, tax withholding obligations, Long-Term Compensation Plan
4 terms
restricted stock units financial
"Issuance of additional shares representing dividend equivalent amount on vested 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 and corresponding dividend equivalent amounts"
Long-Term Compensation Plan financial
"under the Company's Long-Term Compensation Plan."
FAQ
What insider transactions did KOHLS Corp (KSS) executive Fred Hand report?
Fred Hand reported routine equity compensation-related transactions. He received 937 common shares as dividend equivalents on vested restricted stock units, and 8,167 shares were withheld to satisfy tax obligations tied to those vestings and related dividend equivalents.
What does it mean that Fred Hand has 113,172 unvested restricted stock units at KOHLS Corp (KSS)?
Unvested restricted stock units are share-based awards that have not yet fully vested. Fred Hand’s 113,172 unvested RSUs could convert into common shares over time, subject to continued service and any performance or vesting conditions.