Form 4: Kohl’s Director Prising Now Holds 98,685 Shares
Rhea-AI Filing Summary
Form 4 filing – Kohl’s Corporation (KSS)
Director Jonas Prising reported the acquisition of 323 shares of Kohl’s common stock on 25 Jun 2025. The shares are additional restricted stock issued in lieu of the company’s $0.125 cash dividend paid the same day and will vest on the same schedule as the underlying grant. No sale was reported (transaction code “A”). After the award, Prising owns 98,685 shares directly, including 21,285 unvested restricted shares. No derivative securities were listed and ownership remains direct.
Positive
- Director acquired 323 shares, bringing total direct ownership to 98,685 shares, modestly increasing insider alignment with shareholders.
Negative
- None.
Insights
TL;DR: Small, routine insider acquisition; signals alignment but immaterial for valuation.
The 323-share award is a dividend-equivalent adjustment and represents less than 0.4% of Prising’s total holdings. While insider acquisitions are generally viewed favorably, the size and nature (automatic dividend reinvestment) make this filing largely non-material to Kohl’s valuation or liquidity. No sales or derivative activity were reported, indicating no change in sentiment. For investors, this is a routine housekeeping disclosure rather than a catalyst.
TL;DR: Governance-neutral filing; reflects standard dividend policy compliance.
The transaction complies with SEC Rule 16(a) disclosure and reflects Kohl’s practice of issuing restricted stock in lieu of cash dividends to insiders. This maintains equity alignment without affecting free float. Because the award vests with existing grants, there is no acceleration risk or unusual compensation element. Overall governance impact is neutral; transparency is adequate and no red flags emerge.