Kontoor Brands (KTB) EVP granted 4,333 shares; 2,115 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kontoor Brands, Inc. reported that EVP, General Counsel and Secretary Thomas L. Doerr Jr. received a grant of 4,333 shares of common stock on April 1, 2026 as a share-based award at no cash cost to him.
To cover applicable taxes on settled restricted stock units, a total of 2,115 shares were withheld at $69.18 per share. After these transactions, Doerr directly holds 32,666.569 shares of common stock, and this amount includes restricted stock units and 64.404 shares received as dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Doerr Thomas L Jr
Role
EVP, GC, & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,333 | $0.00 | -- |
| Tax Withholding | Common Stock | 811 | $69.18 | $56K |
| Tax Withholding | Common Stock | 698 | $69.18 | $48K |
| Tax Withholding | Common Stock | 606 | $69.18 | $42K |
Holdings After Transaction:
Common Stock — 34,781.569 shares (Direct)
Footnotes (1)
- Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units. Includes 64.404 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units. Common stock includes restricted stock units.
Key Figures
Stock award: 4,333 shares
Tax withholding shares: 2,115 shares
Withholding price: $69.18 per share
+2 more
5 metrics
Stock award
4,333 shares
Grant of common stock on April 1, 2026
Tax withholding shares
2,115 shares
Shares withheld to satisfy RSU tax obligations
Withholding price
$69.18 per share
Price used for tax-withholding dispositions
Post-transaction holdings
32,666.569 shares
Common stock held directly after all transactions
Dividend equivalents
64.404 shares
Shares received as dividend equivalents on RSUs
Key Terms
restricted stock units, dividend equivalents, tax withholding obligations, common stock includes restricted stock units
4 terms
restricted stock units financial
"Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"Includes 64.404 shares received as dividend equivalents on restricted stock units since the last statement."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
tax withholding obligations financial
"Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units."
common stock includes restricted stock units financial
"Common stock includes restricted stock units."
FAQ
What insider transaction did Kontoor Brands (KTB) report for Thomas L. Doerr Jr.?
Kontoor Brands reported a stock award to EVP, General Counsel and Secretary Thomas L. Doerr Jr. He received 4,333 shares of common stock as a grant on April 1, 2026, recorded as a compensation-related acquisition rather than an open-market purchase.
What are Thomas L. Doerr Jr.’s holdings in Kontoor Brands (KTB) after these transactions?
After the transactions, Doerr holds 32,666.569 shares of Kontoor Brands common stock directly. This figure includes restricted stock units and 64.404 shares credited as dividend equivalents on those restricted stock units since the prior statement.
What does the Form 4 say about restricted stock units for Kontoor Brands (KTB)?
The filing states that common stock includes restricted stock units. It also notes that Doerr’s reported holdings include 64.404 shares received as dividend equivalents on restricted stock units, which are additional share credits linked to prior awards.
What transaction codes are used in this Kontoor Brands (KTB) Form 4 and what do they mean?
The Form 4 shows code A and code F. Code A reflects a grant or award of 4,333 shares, while code F reflects three tax-withholding dispositions totaling 2,115 shares used to pay tax liabilities on restricted stock units.