Kontoor Brands CFO has 872 shares withheld for taxes
The reported direct position was 54,275 shares after withholding, including restricted-stock-unit and dividend-equivalent shares.
Rhea-AI Filing Summary
Kontoor Brands, Inc. (KTB) President and CFO Joseph A. Alkire had 872 shares withheld on September 21, 2026, to satisfy tax-withholding obligations on settled restricted stock units. The reported transaction price was $66.70 per share. He directly held 54,275 shares after the transaction; the reported holding includes restricted stock units and dividend equivalents received on restricted stock units since the last statement. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 872 shares
Tax Withholding
1 txn
Insider
ALKIRE JOSEPH A
Role
President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 872 | $66.70 | $58K |
Holdings After Transaction:
Common Stock — 54,274.527 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units.
- F2. Includes 302.684 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
Key Figures
Shares withheld: 872 shares
Reported transaction price: $66.70 per share
Direct shares held after transaction: 54,275 shares
+1 more
4 metrics
Shares withheld
872 shares
September 21, 2026; tax withholding on settled restricted stock units
Reported transaction price
$66.70 per share
September 21, 2026
Direct shares held after transaction
54,275 shares
After the September 21, 2026 transaction
Dividend equivalent shares
303 shares
Received on restricted stock units since the last statement
Key Terms
restricted stock units, tax withholding obligations, dividend equivalents
3 terms
restricted stock units financial
"tax 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.
tax withholding obligations financial
"withheld to satisfy applicable tax withholding obligations"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was Joseph A. Alkire's KTB transaction reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.