Kontoor Brands (NYSE: KTB) to hold yearly say-on-pay votes through 2032
Rhea-AI Filing Summary
Kontoor Brands, Inc. reports that its board of directors has set the frequency for future shareholder advisory votes on executive compensation.
Following the 2026 annual meeting held on April 23, 2026, and based on shareholder voting results and the board's prior recommendation, the company will include an advisory say-on-pay vote in its proxy materials every year until the next advisory vote on frequency, which will occur no later than the 2032 annual meeting of shareholders.
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
2026 Annual Meeting date: April 23, 2026
Next frequency vote deadline: 2032 annual meeting
Original report date: April 24, 2026
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4 metrics
2026 Annual Meeting date
April 23, 2026
Date of the Company's 2026 Annual Meeting of shareholders
Next frequency vote deadline
2032 annual meeting
Next advisory vote on frequency will occur no later than the 2032 annual meeting
Original report date
April 24, 2026
Date the original report describing 2026 Annual Meeting results was filed
Amendment signing date
July 24, 2026
Date the amendment documenting the frequency decision was signed
Key Terms
advisory vote on executive compensation, definitive proxy statement, emerging growth company, Section 13 or 15(d)
4 terms
advisory vote on executive compensation financial
"the Company will include an advisory vote on executive compensation in its proxy materials"
A non-binding shareholder vote allowing investors to approve or reject the pay packages and compensation policies for a company’s top executives. It matters because the outcome tells the board whether owners are satisfied with executive pay and can prompt changes in policy or leadership much like a customer survey prompts a company to adjust its product — signaled approval can support management credibility, while rejection may increase scrutiny and affect investor confidence.
definitive proxy statement regulatory
"Based on the Board’s recommendation in the Company’s definitive proxy statement for the Annual Meeting"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
emerging growth company regulatory
"Emerging growth company o"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Section 13 or 15(d) regulatory
"PURSUANT TO SECTION 13 OR 15(d) THE SECURITIES EXCHANGE ACT OF 1934"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kontoor Brands (KTB) decide about future say-on-pay vote frequency?
Kontoor Brands' board decided to hold an annual advisory vote on executive compensation. The company will include this say-on-pay item in its proxy materials every year until the next frequency vote, which must occur by the 2032 annual meeting.
When was the 2026 annual meeting for Kontoor Brands (KTB) held?
The 2026 annual meeting of Kontoor Brands shareholders was held on April 23, 2026. Voting results from this meeting, together with the board's recommendation, formed the basis for choosing an annual schedule for advisory votes on executive compensation.
How long will Kontoor Brands (KTB) hold annual advisory executive pay votes?
Kontoor Brands plans to hold annual advisory votes on executive compensation through at least its 2032 annual meeting. A new shareholder advisory vote on the preferred frequency will occur no later than that 2032 meeting.
What is the purpose of Kontoor Brands' (KTB) annual say-on-pay vote?
The annual say-on-pay vote lets shareholders provide a non-binding advisory opinion on executive compensation. Kontoor Brands will include this advisory item in its proxy materials each year, giving recurring feedback on how its executives are paid.
How is this governance decision by Kontoor Brands (KTB) being documented?
The governance decision on say-on-pay vote frequency is documented as an amendment to a prior report that described the 2026 annual meeting results, clarifying that the board selected an annual advisory vote schedule through the next frequency vote by 2032.