Kontoor Brands (NYSE: KTB) EVP granted shares; portion withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kontoor Brands, Inc. director and EVP, Global Brands President Jennifer H. Broyles reported compensation-related stock activity in common shares. She received a grant of 8,666 shares directly and 1,011 shares attributed to her spouse, both at no cost as equity awards. To cover tax obligations on settled restricted stock units, a total of 1,838 shares were withheld at $69.18 per share, across both her direct and spouse-held positions. After these transactions, she holds 44,260.759 shares directly and 6,650.982 shares indirectly through her spouse, and the filing notes that common stock figures include restricted stock units and related dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Broyles Jennifer H.
Role
EVP, Global Brands President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,666 | $0.00 | -- |
| Tax Withholding | Common Stock | 282 | $69.18 | $20K |
| Tax Withholding | Common Stock | 708 | $69.18 | $49K |
| Tax Withholding | Common Stock | 628 | $69.18 | $43K |
| Grant/Award | Common Stock | 1,011 | $0.00 | -- |
| Tax Withholding | Common Stock | 81 | $69.18 | $6K |
| Tax Withholding | Common Stock | 63 | $69.18 | $4K |
| Tax Withholding | Common Stock | 76 | $69.18 | $5K |
Holdings After Transaction:
Common Stock — 45,878.759 shares (Direct);
Common Stock — 6,870.982 shares (Indirect, by Spouse)
Footnotes (1)
- Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units. Includes 73.732 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units. Common stock includes restricted stock units. Includes 14.677 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
Key Figures
Direct stock award: 8,666 shares
Spouse stock award: 1,011 shares
Tax-withheld shares: 1,838 shares
+3 more
6 metrics
Direct stock award
8,666 shares
Common stock grant to Jennifer H. Broyles on 2026-04-01
Spouse stock award
1,011 shares
Common stock grant reported as indirectly owned by spouse on 2026-04-01
Tax-withheld shares
1,838 shares
Total shares withheld to satisfy tax obligations on RSUs
Tax withholding price
$69.18 per share
Valuation used for F-code tax-withholding dispositions
Post-transaction direct holdings
44,260.759 shares
Direct common stock holdings after final direct transaction
Post-transaction indirect holdings
6,650.982 shares
Indirect common stock holdings by spouse after final indirect transaction
Key Terms
restricted stock units, dividend equivalents, tax withholding obligations, indirect ownership, +1 more
5 terms
restricted stock units financial
"Represents the number of shares withheld to satisfy applicable 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.
dividend equivalents financial
"Includes 73.732 shares received as dividend equivalents on restricted stock units since the last statement."
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
"Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units."
indirect ownership financial
"transaction shows indirect ownership with nature of ownership reported as by Spouse."
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes the reported transactions in Kontoor Brands stock."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Kontoor Brands (KTB) executive Jennifer Broyles report in this Form 4?
Jennifer H. Broyles reported equity compensation activity, including stock grants and tax-related share withholdings. She received 8,666 common shares directly and 1,011 indirectly via her spouse, while 1,838 shares were withheld to satisfy tax obligations on restricted stock units.
Were Jennifer Broyles’ Kontoor Brands (KTB) transactions open-market buys or sells?
The transactions were not open-market trades. They reflect equity awards (code A) granted at no cost and tax-withholding dispositions (code F), where shares were withheld at $69.18 per share to cover tax liabilities on settled restricted stock units.
What is the role of restricted stock units in this Kontoor Brands (KTB) Form 4?
Restricted stock units are central to these transactions. Shares were granted as equity awards and additional fractional shares were received as dividend equivalents. The Form 4 notes that common stock totals include restricted stock units, and some shares were withheld specifically to cover taxes on settled units.