Kontoor Brands EVP receives stock awards, pays taxes
Kontoor Brands, Inc. director and EVP, Global Brands President Jennifer H. Broyles reported compensation-related stock activity in common shares.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,666 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 282 | $69.18 | $20K |
| Exercise Price or Tax Liability | Common Stock | 708 | $69.18 | $49K |
| Exercise Price or Tax Liability | Common Stock | 628 | $69.18 | $43K |
| Grant/Award | Common Stock | 1,011 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 81 | $69.18 | $6K |
| Exercise Price or Tax Liability | Common Stock | 63 | $69.18 | $4K |
| Exercise Price or Tax Liability | Common Stock | 76 | $69.18 | $5K |
Footnotes (4)
- F1. Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled restricted stock units.
- F2. Includes 73.732 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
- F3. Common stock includes restricted stock units.
- F4. Includes 14.677 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
Key Figures
Key Terms
restricted stock units financial
dividend equivalents financial
tax withholding obligations financial
indirect ownership financial
Form 4 regulatory
FAQ
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What did Kontoor Brands (KTB) executive Jennifer Broyles report in this Form 4?
Were Jennifer Broyles’ Kontoor Brands (KTB) transactions open-market buys or sells?
What is the role of restricted stock units in this Kontoor Brands (KTB) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.