Kohl’s (KSS) director awarded 178 dividend-linked deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Floyd H. Charles reported acquisition or exercise transactions in this Form 4 filing.
Kohl's Corp director Floyd H. Charles received 178 shares of common stock-equivalent deferred restricted stock units as a grant tied to the company’s $0.125 per share dividend. The award represents additional stock-based compensation rather than a cash transaction.
These new units vest and will be settled on the same schedule as his existing deferred restricted stock units. After this award, Charles directly holds 52,426 shares and units in total, including 18,572 unvested deferred restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Floyd H. Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 178 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 52,426 shares (Direct)
Footnotes (1)
- Award of additional deferred restricted stock units in lieu of $0.125 per share dividend issued by the Company on all common stock, which was payable on April 1, 2026. These units vest and will be settled on the same schedule as the underlying deferred restricted stock units. Includes 18,572 unvested deferred restricted stock units.
Key Figures
Deferred stock units granted: 178 units
Dividend amount: $0.125 per share
Holdings after transaction: 52,426 shares/units
+2 more
5 metrics
Deferred stock units granted
178 units
Award in lieu of $0.125 per share dividend
Dividend amount
$0.125 per share
Dividend on all Kohl’s common stock, payable April 1, 2026
Holdings after transaction
52,426 shares/units
Total direct holdings following the award
Unvested deferred RSUs
18,572 units
Included within Charles’ reported holdings
Award price per unit
$0.00
Grant or award acquisition, non-cash transaction
Key Terms
deferred restricted stock units, dividend, vest
3 terms
deferred restricted stock units financial
"Award of additional deferred restricted stock units in lieu of $0.125 per share dividend"
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.
dividend financial
"in lieu of $0.125 per share dividend issued by the Company on all common stock"
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
vest financial
"These units vest and will be settled on the same schedule as the underlying deferred restricted stock units"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.