Broyles of Kontoor (NYSE: KTB) sells 4,000 shares, holds about 40,261
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kontoor Brands EVP Jennifer H. Broyles sold shares of company stock. On June 12, 2026, she executed an open-market sale of 4,000 shares of Kontoor Brands, Inc. common stock at $81.02 per share. After this sale, she directly holds 40,260.759 shares and indirectly holds 6,650.982 shares through her spouse. The common stock holdings include restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($324,080)
Net Sell
2 txns
Insider
Broyles Jennifer H.
Role
EVP, Global Brands President
Sold
4,000 shs ($324K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $81.02 | $324K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,260.759 shares (Direct, null);
Common Stock — 6,650.982 shares (Indirect, by Spouse)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,000 shares
Sale price: $81.02 per share
Direct holdings after sale: 40,260.759 shares
+2 more
5 metrics
Shares sold
4,000 shares
Open-market sale of common stock on June 12, 2026
Sale price
$81.02 per share
Price for 4,000 common shares sold
Direct holdings after sale
40,260.759 shares
Common stock directly owned following the transaction
Indirect holdings by spouse
6,650.982 shares
Common stock held indirectly through spouse
Net shares sold
4,000 shares
Net change in reported position from this Form 4
Key Terms
open-market sale, restricted stock units, indirect ownership
3 terms
open-market sale financial
"transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"Footnote states common stock includes 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.
indirect ownership financial
"Ownership type coded as indirect with nature of ownership "by Spouse"."
FAQ
What did Kontoor Brands (KTB) executive Jennifer H. Broyles report in this Form 4?
Jennifer H. Broyles, an executive at Kontoor Brands, reported an open-market sale of common stock. She sold 4,000 shares at $81.02 per share and now holds 40,260.759 shares directly, plus 6,650.982 shares indirectly through her spouse, including restricted stock units.
What are Jennifer H. Broyles’ holdings in Kontoor Brands (KTB) after the reported sale?
Following the sale, she directly holds 40,260.759 shares of Kontoor Brands common stock. In addition, she indirectly holds 6,650.982 shares through her spouse, giving her a combined reported exposure across direct and indirect positions, including restricted stock units within the common stock total.
Does this Kontoor Brands (KTB) Form 4 include any derivative or option exercises?
No derivative or option exercises are shown in this Form 4. The filing lists one open-market sale of 4,000 common shares and a holding entry for indirect ownership by her spouse, with derivative positions not reported in the derivative transaction section.
How is indirect ownership reported for Jennifer H. Broyles in Kontoor Brands (KTB) stock?
The filing reports 6,650.982 shares of Kontoor Brands common stock held indirectly "by Spouse." This indicates those shares are attributed as indirect beneficial ownership, separate from her 40,260.759 directly held shares, and the common stock amount includes restricted stock units.