Kohl’s (KSS) CFO Jill Timm granted RSUs while shares withheld for taxes
Rhea-AI Filing Summary
Kohl’s Corp Chief Financial Officer Jill Timm reported equity compensation activity in company common stock. On March 30, she received a grant of 91,803 shares as part of the company’s long-term incentive program, in the form of time-vested restricted stock units that vest in three equal annual installments. On March 31, she received an additional 1,078 shares representing dividend equivalents on vested restricted stock units and, separately, 14,381 shares were withheld at $12.20 per share to satisfy tax obligations tied to vesting. After these transactions, she directly holds 422,447 shares of Kohl’s common stock, including 191,665 unvested restricted stock units, reflecting routine compensation and tax withholding rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,078 | $0.00 | -- |
| Tax Withholding | Common Stock | 14,381 | $12.20 | $175K |
| Grant/Award | Common Stock | 91,803 | $0.00 | -- |
Footnotes (1)
- Annual award pursuant to the Company's long-term incentive program. These time-vested restricted stock units vest in three equal annual installments on the first through third anniversaries of the grant date. 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 191,665 unvested restricted stock units.
Key Figures
Key Terms
restricted stock units financial
dividend equivalent amount financial
tax withholding obligations financial
Long-Term Compensation Plan financial
FAQ
What did Kohl’s (KSS) CFO Jill Timm report in this Form 4?
What are the vesting terms of the Kohl’s (KSS) restricted stock units granted?