KSS Form 4: Steven Dee Granted 18,692 Restricted Stock Units
Rhea-AI Filing Summary
Kohls Corp (KSS) reporting person Steven E. Dee received an award of 18,692 restricted stock units (RSUs) under the company’s Long-Term Compensation Plan, effective September 15, 2025. The RSUs were granted following Mr. Dee’s appointment as Senior Executive Vice President and Chief Technology Officer on August 25, 2025. The grant vests in three equal annual installments beginning on the first anniversary of the grant, subject to continued employment; the filing notes all 18,692 RSUs are unvested at reporting. The Form 4 was signed by Megan E. Glise as power of attorney on September 17, 2025.
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Insights
TL;DR: Routine insider award tied to a new executive appointment; governance implications are standard and non-material.
The Form 4 discloses a standard equity grant to a newly appointed senior executive, structured as time-based RSUs that vest over three years. Such grants are customary to align executive incentives with shareholder interests and to retain leadership. The filing contains no unusual vesting conditions, acceleration clauses, or related-party transactions. This disclosure is routine and provides clear, specific terms for the equity award.
TL;DR: A customary LTIP grant sized at 18,692 RSUs; impact on dilution and expense is likely immaterial in absence of company-wide totals.
The award size is stated, but the filing does not provide grant-date fair value, percentage of outstanding shares, or total executive compensation context. Without those figures, one cannot assess dilution, accounting expense, or how the grant compares to peer pay levels. The structure—three equal annual vesting installments—matches common retention-focused compensation practices.