STOCK TITAN

Kontoor Brands (KTB) director defers fees into phantom stock units

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

Rhea-AI Filing Summary

Goldsmith Ashley reported acquisition or exercise transactions in this Form 4 filing.

Kontoor Brands director Ashley Goldsmith reported receiving 433.6827 phantom stock units tied to Kontoor Brands common stock. These units were granted as a fee deferral, where Goldsmith elected to defer $69.175 of director fees for each unit received.

The phantom stock units accrue under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors and are designed to mirror the value of common shares on a 1-for-1 basis. They will be settled 100% in cash upon Goldsmith’s retirement and can grow over time through deemed reinvestment of dividend equivalents.

Following this grant and dividend equivalents, Goldsmith now holds a total of 3,062.9459 phantom stock units under the plan, including 271.3266 units received as dividend equivalents since the prior statement. This filing reflects compensation-related awards, not open-market share purchases or sales.

Positive

  • None.

Negative

  • None.
Insider Goldsmith Ashley
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock-d 433.683 $69.175 $30K
Holdings After Transaction: Phantom Stock-d — 3,062.946 shares (Direct)
Footnotes (1)
  1. Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends. 1 for 1. There is no date that should appear in these columns. These columns are not applicable to this particular filing. Each PSU was acquired at the election of the Director by deferring $69.175 of fees per PSU. Includes 271.3266 shares received as dividend equivalents on PSUs since the last statement.
Phantom units granted 433.6827 units Grant of phantom stock units from director fee deferral
Per-unit deferred fee $69.175 per PSU Director fees deferred per phantom stock unit
Total phantom units after grant 3,062.9459 units Phantom stock units held following the reported transaction
Dividend equivalent units 271.3266 units Additional phantom units from dividend equivalents since last statement
Conversion ratio 1 for 1 Each phantom stock unit tracks one share of common stock in value
Exercise price $0.0000 Phantom stock units carry no exercise price; cash-settled at retirement
phantom stock units financial
"Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Savings Plan For Non-Employee Directors financial
"accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan"
dividend equivalents financial
"The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
1 for 1 financial
"1 for 1."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
SEC Form 4
FORM 4UNITED 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*
Goldsmith Ashley

(Last)(First)(Middle)
400 N. ELM STREET

(Street)
GREENSBORO NORTH CAROLINA 27401

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Kontoor Brands, Inc. [ KTB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock-d(1)(2)04/02/2026A433.6827 (3) (3)Common Stock433.6827$69.175(4)3,062.9459(5)D
Explanation of Responses:
1. Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.
2. 1 for 1.
3. There is no date that should appear in these columns. These columns are not applicable to this particular filing.
4. Each PSU was acquired at the election of the Director by deferring $69.175 of fees per PSU.
5. Includes 271.3266 shares received as dividend equivalents on PSUs since the last statement.
/s/ Thomas L. Doerr, Jr. for Ashley Goldsmith (Pursuant to Signing Authority on File)04/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Kontoor Brands (KTB) director Ashley Goldsmith report in this Form 4?

Ashley Goldsmith reported receiving 433.6827 phantom stock units as deferred director compensation. Each unit represents $69.175 of fees, credited under Kontoor Brands’ non-employee director deferred savings plan and settled in cash based on the company’s share value at retirement.

How are the phantom stock units for KTB’s Ashley Goldsmith valued and credited?

Each phantom stock unit equals $69.175 of deferred director fees, divided by Kontoor Brands’ fair market share value on the deferral date. The units track the stock price on a 1-for-1 basis and include deemed reinvestment of dividend equivalents over time.

Will Ashley Goldsmith receive Kontoor Brands (KTB) shares for these phantom stock units?

No, the phantom stock units will be settled 100% in cash upon Goldsmith’s retirement. Although they mirror Kontoor Brands common stock on a 1-for-1 basis, they are bookkeeping entries under a deferred savings plan rather than actual share ownership.

How many phantom stock units does Ashley Goldsmith hold after this KTB Form 4?

After this transaction, Goldsmith holds 3,062.9459 phantom stock units under Kontoor Brands’ deferred savings plan. This total includes the new 433.6827-unit grant and 271.3266 units credited as dividend equivalents since the previous statement, reflecting accumulated deferred compensation.

What role do dividend equivalents play in KTB’s phantom stock units for directors?

Dividend equivalents increase the number of phantom stock units over time. For Goldsmith, 271.3266 additional units were credited as dividend equivalents since the last statement, mirroring dividends paid on Kontoor Brands shares and enhancing the value of deferred director compensation in cash terms.