KTB Form 4: Peter A. Kidd Disposes 566 Shares, Holdings Cut to 16,134.501
Rhea-AI Filing Summary
Peter A. Kidd, EVP and CHRO of Kontoor Brands, Inc. (KTB), reported a sale of 566 shares of common stock on 08/15/2025 at a price of $70.63 per share. After the sale, the filing shows 16,134.501 shares beneficially owned. The form notes that common stock includes restricted stock units. The Form 4 was signed on behalf of Mr. Kidd by Thomas L. Doerr, Jr. on 08/18/2025. The report identifies Mr. Kidd as both an officer (EVP and CHRO) and a director and indicates this is a single-person filing.
Positive
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Negative
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Insights
TL;DR: Routine insider sale disclosed; modest share reduction with clear pricing and post-transaction holdings.
The Form 4 documents a straightforward open-market sale of 566 shares at $70.63 on 08/15/2025, reducing reported beneficial ownership to 16,134.501 shares. The filing explicitly states common stock includes restricted stock units, which clarifies share composition. This disclosure is timely and compliant, offering investors clear transaction price and post-sale holdings. The size of the sale relative to total reported holdings appears small and is presented without indication of derivative exercises or related-party transfers.
TL;DR: Disclosure aligns with Section 16 requirements; no governance red flags in the reported transaction.
The filing identifies the reporting person as an officer and director and provides delegated signing authority (Thomas L. Doerr, Jr.). The document includes the required notation that common stock includes restricted stock units, and shows an explicit transaction code (F) consistent with a sale. There are no amendments noted and no indications of planned-trade defenses or unusual transaction structures. From a governance perspective, this is a routine, transparent insider disclosure.