Kontoor Brands (KTB) CFO receives 39,426.445-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kontoor Brands EVP, CFO & Head of Operations Joseph A. Alkire reported an equity award in the form of common stock. On February 23, 2026, he acquired 39,426.445 shares of common stock at a price of $0.00 per share, recorded as a grant or award acquisition. A footnote states this represents settlement of performance share units for the performance period ending January 3, 2026. Another footnote notes that his common stock total includes 131.373 shares received as dividend equivalents on restricted stock units. After this transaction, his directly held common stock balance is 64,683.784 shares, which includes restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALKIRE JOSEPH A
Role
EVP, CFO & Head of Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,426.445 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,683.784 shares (Direct)
Footnotes (1)
- Represents the settlement of performance share units for the performance period ending January 3, 2026. Includes 131.373 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
FAQ
What did KTB executive Joseph A. Alkire report on this Form 4?
Joseph A. Alkire reported receiving 39,426.445 Kontoor Brands common shares as an equity award. The shares came from settling performance share units, increasing his directly held common stock, including restricted stock units, to a total of 64,683.784 shares after the transaction.
Was the KTB CFO’s Form 4 transaction a market purchase or a grant?
The transaction was a grant or award acquisition, not an open-market purchase. The 39,426.445 shares reflect settlement of performance share units, recorded at a price of $0.00 per share, indicating compensation rather than a cash-funded stock purchase.
What do the Form 4 footnotes reveal about the KTB CFO’s award?
One footnote explains the 39,426.445 shares represent settlement of performance share units for a performance period ending January 3, 2026. Another notes the common stock total also includes 131.373 shares received as dividend equivalents on restricted stock units.