Kontoor Brands EVP withholds 17,294 shares for taxes
Kontoor Brands EVP, CFO & Head of Operations Joseph A. Alkire reported a tax-related share disposition tied to equity compensation.
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Rhea-AI Filing Summary
Kontoor Brands EVP, CFO & Head of Operations Joseph A. Alkire reported a tax-related share disposition tied to equity compensation. On the reported date, 17,294.4180 shares of common stock were withheld at $78.6200 per share to cover tax obligations on settled performance share units.
After this tax-withholding disposition, Alkire directly owns 47,389.3660 shares of common stock, and this amount includes restricted stock units as noted in the disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 17,294.418 | $78.62 | $1.36M |
Footnotes (2)
- F1. Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled performance share units.
- F2. Common stock includes restricted stock units.
FAQ
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What insider transaction did Kontoor Brands (KTB) executive Joseph A. Alkire report?
Was Joseph Alkire’s Kontoor Brands (KTB) transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.