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Kontoor Brands officer proposes $15.4M share sale

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Form Type
144

Rhea-AI Filing Summary

Scott H. Baxter, identified as an officer and director of Kontoor Brands, Inc. (KTB), is named in a Form 144 notice for the proposed sale of 184,403 common shares, with an aggregate market value of $15,378,342.05 and an approximate sale date of August 13, 2026. The notice states that Baxter acquired 184,403 shares from the issuer through a stock option exercise paid in cash on August 13, 2026.

Shares to be sold 184,403 shares Proposed sale of common shares
Aggregate market value $15,378,342.05 Common shares listed for sale
Shares outstanding 54,653,620 shares Number listed in the notice
Aggregate Market Value financial
"Aggregate Market Value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Stock Option Exercise financial
"Nature of Acquisition Transaction: Stock Option Exercise"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Number of Shares or Other Units Outstanding financial
"Number of Shares or Other Units Outstanding"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many KTB shares does Scott H. Baxter propose to sell?

The notice lists 184,403 common shares for sale, with an aggregate market value of $15,378,342.05 and an approximate sale date of August 13, 2026.

How did Scott H. Baxter acquire the KTB shares listed for sale?

Baxter acquired 184,403 common shares from the issuer through a stock option exercise on August 13, 2026, with cash listed as the payment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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