Kontoor Brands (KTB) EVP Doerr receives 9,500-share performance award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Doerr Thomas L Jr reported acquisition or exercise transactions in this Form 4 filing.
Kontoor Brands, Inc. executive Thomas L. Jr Doerr, EVP, GC & Secretary, reported an equity award of 9,500.263 shares of common stock. The award reflects settlement of performance share units for a performance period ending January 3, 2026, with no cash paid per share. Following this grant, Doerr directly holds a total of 35,031.129 common shares, which includes restricted stock units and 120.456 shares received as dividend equivalents since the prior report.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Doerr Thomas L Jr
Role
EVP, GC, & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,500.263 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,031.129 shares (Direct)
Footnotes (1)
- Represents the settlement of performance share units for the performance period ending January 3, 2026. Includes 120.456 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 Thomas L. Jr Doerr?
Kontoor Brands reported that EVP, GC & Secretary Thomas L. Jr Doerr received an equity award of 9,500.263 shares of common stock. The shares were issued at a price of $0.0000 per share as part of a performance share unit settlement.
Was cash involved in Thomas Doerr’s latest Kontoor Brands (KTB) stock acquisition?
No cash changed hands in this acquisition. The 9,500.263 Kontoor Brands shares were issued at a reported price of $0.0000 per share, reflecting a grant from settling performance share units rather than a purchase on the open market.
Does the Kontoor Brands (KTB) filing indicate performance conditions tied to Thomas Doerr’s award?
Yes, the filing states that the shares came from settlement of performance share units for a performance period ending January 3, 2026. This indicates the award was linked to achievement of predefined performance metrics over that period before converting into stock.