Kontoor Brands (KTB) EVP Kidd has 291 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kontoor Brands EVP and CHRO Peter A. Kidd reported a tax-related share disposition. On this Form 4, 291 shares of common stock were withheld at 69.03 per share to satisfy tax obligations on settled restricted stock units. After this withholding, Kidd directly holds 23,240.897 shares of common stock, which includes restricted stock units and dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kidd Peter A.
Role
EVP and CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 291 | $69.03 | $20K |
Holdings After Transaction:
Common Stock — 23,240.897 shares (Direct)
Footnotes (1)
- Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units. Common stock includes restricted stock units. Includes 62.516 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
FAQ
What insider transaction did Kontoor Brands (KTB) report for Peter A. Kidd?
Kontoor Brands reported that EVP and CHRO Peter A. Kidd had 291 common shares withheld to cover tax obligations on settled restricted stock units. This is a tax-withholding disposition, not an open-market buy or sell transaction.
How are restricted stock units treated in Peter A. Kidd’s Kontoor Brands (KTB) holdings?
Restricted stock units are included within Kidd’s reported common stock holdings. Footnotes explain that his common stock figure incorporates both restricted stock units and 62.516 dividend-equivalent shares received since the last ownership statement.