Kohl's (NYSE: KSS) EVP Fred Hand reports stock grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl's Corp senior executive Fred Hand reported routine equity compensation activity. He acquired 12,073 shares of common stock on March 19, 2026 as settlement of performance share units under the company’s Long-Term Compensation Plan, with no cash price per share reported.
On the same date, 2,933 shares were withheld by Kohl's at $12.03 per share to satisfy tax withholding obligations tied to this vesting. After these transactions, Hand directly owns 260,296 common shares, which the filing states include 153,325 unvested restricted stock units.
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 | 12,073 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,933 | $12.03 | $35K |
Holdings After Transaction:
Common Stock — 263,229 shares (Direct)
Footnotes (1)
- Shares acquired in settlement of performance share units (which were not derivative securities) received under the Company's Long-Term Compensation Plan. Represents shares withheld by Issuer to satisfy tax withholding obligations on shares acquired on March 19, 2026 in settlement of performance share units reflected in Footnote 1. Includes 153,325 unvested restricted stock units.
FAQ
What insider transaction did Kohl's (KSS) executive Fred Hand report?
Fred Hand reported a grant of 12,073 Kohl's common shares from performance share units vesting under the Long-Term Compensation Plan. The filing classifies this as a grant, award, or other acquisition rather than an open-market stock purchase.
What is the nature of the stock grant to Kohl's (KSS) executive Fred Hand?
The 12,073 acquired shares were settlement of performance share units granted under Kohl's Long-Term Compensation Plan. The footnotes clarify these performance share units were not derivative securities and converted into common stock upon vesting.
Does this Kohl's (KSS) Form 4 indicate any option exercises by Fred Hand?
The disclosed activity involves performance share units and tax withholding, not option exercises. The derivativeSummary section is empty, indicating no reported option or other derivative transactions in this particular Form 4 filing.