Kontoor Brands accounting chief has 68 shares withheld
The VP, Chief Accounting Officer's reported direct position afterward included restricted stock units and dividend equivalents.
Rhea-AI Filing Summary
At Kontoor Brands, Inc., VP, Chief Accounting Officer Taylor Andrew Lyn had 68 shares of common stock withheld on September 21, 2026, to satisfy tax withholding obligations on settled restricted stock units; the reported price was $66.70 per share. His directly held common-stock position following the transaction was 3,832 shares, including restricted stock units and 21 dividend-equivalent shares received since the last statement. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 68 shares
Tax Withholding
1 txn
Insider
Taylor Andrew Lyn
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 68 | $66.70 | $5K |
Holdings After Transaction:
Common Stock — 3,831.618 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units.
- F2. Includes 21.151 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
Key Figures
Shares withheld for tax obligations: 68 shares
Reported price per share: $66.70 per share
Direct common-stock position after transaction: 3,832 shares
+1 more
4 metrics
Shares withheld for tax obligations
68 shares
September 21, 2026; settled restricted stock units
Reported price per share
$66.70 per share
Withheld shares reported for September 21, 2026
Direct common-stock position after transaction
3,832 shares
Following the September 21, 2026 transaction; includes restricted stock units
Dividend-equivalent shares received
21 shares
Since the last statement
Key Terms
restricted stock units, dividend equivalents, tax withholding obligations
3 terms
restricted stock units financial
"withholding obligations on settled restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"shares received as dividend equivalents on restricted stock units"
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.
tax withholding obligations financial
"withheld to satisfy applicable tax withholding obligations"
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