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Kontoor Brands (KTB) CEO receives 108,149-share performance award settlement

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kontoor Brands, Inc. Chairman, President and CEO Scott H. Baxter reported an acquisition of common stock through an equity award. On February 23, 2026, he received 108,149.420 shares of common stock at no cash cost, reported as a grant or award acquisition.

Footnotes state this represents the settlement of performance share units for a performance period ending January 3, 2026, and that common stock totals also reflect a small number of dividend-equivalent shares on restricted stock units. After this transaction, he directly owns 277,718.405 shares, with additional indirect holdings through GRATs, a trust, and a family account.

Positive

  • None.

Negative

  • None.
Insider Baxter Scott H
Role Chairman, President and CEO
Type Security Shares Price Value
Grant/Award Common Stock 108,149.42 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 277,718.405 shares (Direct); Common Stock — 56,370 shares (Indirect, 2025 GRAT #1)
Footnotes (1)
  1. Represents the settlement of performance share units for the performance period ending January 3, 2026. Includes 0.567 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Baxter Scott H
(Last) (First) (Middle)
400 N. ELM STREET
(Street)
GREENSBORO NC 27401
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Kontoor Brands, Inc. [ KTB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/23/2026 A 108,149.42(1) A $0 277,718.405(2) D
Common Stock 56,370 I 2025 GRAT #1
Common Stock 90,680 I by 2026 GRAT #1
Common Stock 380 I By Son
Common Stock 172,130.214 I by Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the settlement of performance share units for the performance period ending January 3, 2026.
2. Includes 0.567 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
/s/ Thomas L. Doerr, Jr. for Scott H. Baxter (Pursuant to Signing Authority on File) 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Kontoor Brands (KTB) report in this Form 4 for Scott H. Baxter?

Kontoor Brands reported that CEO Scott H. Baxter acquired 108,149.420 shares of common stock on February 23, 2026. The acquisition was recorded as a grant or award, increasing his direct and indirect ownership positions in Kontoor Brands.

How did Scott H. Baxter acquire 108,149.420 Kontoor Brands (KTB) shares?

Scott H. Baxter acquired 108,149.420 Kontoor Brands shares through settlement of performance share units. A footnote explains this settlement covered a performance period ending January 3, 2026, and the shares were reported at a price of $0.0000 per share.

What is Scott H. Baxter’s direct share ownership in Kontoor Brands (KTB) after this Form 4?

After the reported transaction, Scott H. Baxter directly owns 277,718.405 Kontoor Brands common shares. This figure reflects the newly settled performance share units and also includes a small number of dividend-equivalent shares on restricted stock units since the last statement.

Are there indirect Kontoor Brands (KTB) holdings associated with Scott H. Baxter?

Yes. The Form 4 shows indirect holdings labeled for 2025 GRAT #1, 2026 GRAT #1, a trust, and a son. These positions total several blocks of Kontoor Brands common stock, reported separately from Baxter’s direct holdings as indirect ownership interests.

What do the Form 4 footnotes say about the Kontoor Brands (KTB) award to Scott H. Baxter?

One footnote states the reported shares represent settlement of performance share units for a performance period ending January 3, 2026. Another notes that 0.567 additional shares were received as dividend equivalents on restricted stock units and that common stock totals include restricted stock units.

Did Scott H. Baxter buy or sell Kontoor Brands (KTB) shares on the open market?

The Form 4 does not show open-market buying or selling by Scott H. Baxter. The primary transaction is coded as a grant, award, or other acquisition, representing performance share unit settlement rather than a market purchase or sale.