[Form 4] Kontoor Brands, Inc. Insider Trading Activity
Kontoor Brands, Inc. director Robert K. Shearer reported a routine deferred compensation transaction.
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Rhea-AI Filing Summary
Kontoor Brands, Inc. director Robert K. Shearer reported a routine deferred compensation transaction. On 01/02/2026, he acquired 812.6778 phantom stock units (PSUs) tied to Kontoor Brands common stock, under the company’s Deferred Savings Plan for Non-Employee Directors.
Each PSU corresponds on a 1-for-1 basis to a share of common stock and was credited by deferring $61.5250 of director fees per PSU, based on the fair market value on the deferral date. After this transaction, Shearer beneficially holds 39,538.7645 PSUs, which are designed to be settled 100% in cash upon his retirement, with the PSU balance changing over time through deemed reinvestment of dividends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 812.6778 | $61.525 | $50K |
Footnotes (4)
- F1. Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.
- F2. 1 for 1.
- F3. There is no date that should appear in these columns. These columns are not applicable to this particular filing.
- F4. Each PSU was acquired at the election of the Director by deferring $61.5250 of fees per PSU.
FAQ
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What did Kontoor Brands (KTB) disclose in this Form 4 filing?
How many phantom stock units does the KTB director hold after this transaction?
What are phantom stock units (PSUs) in the Kontoor Brands (KTB) director plan?
How was the number of PSUs for the KTB director calculated?
What price per unit applies to the KTB director’s phantom stock acquisition?
Do the KTB phantom stock units pay dividends or change over time?
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