Kontoor director granted phantom stock units
Goldsmith Ashley reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Goldsmith Ashley reported acquisition or exercise transactions in this Form 4 filing.
Kontoor Brands, Inc. director Ashley Goldsmith reported updated holdings and a new compensation award. The filing shows a grant of 379.033 phantom stock units accrued under the non-employee directors deferred savings plan, bringing total phantom stock units to 3,462.3529. Common stock holdings, including restricted stock units and 15.289 shares received as dividend equivalents, total 14,884.9610 shares after these updates. These awards are part of director fee deferrals and are settled in cash at retirement rather than through open-market stock transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 379.033 shares
Grant/Award
2 txns
Insider
Goldsmith Ashley
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 379.033 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock-d — 3,462.3529 contracts (Direct);
Common Stock — 14,884.961 shares (Direct)
Footnotes (4)
- F1. Includes 15.289 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
- F2. Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.
- F3. 1 for 1.
- F4. There is no date that should appear in these columns. These columns are not applicable to this particular filing.
Key Figures
Phantom stock grant: 379.033 units
Total phantom stock units: 3,462.3529 units
Common stock holdings: 14,884.9610 shares
+3 more
6 metrics
Phantom stock grant
379.033 units
Phantom stock units accrued on 2026-07-02
Total phantom stock units
3,462.3529 units
Balance after reported grant
Common stock holdings
14,884.9610 shares
Common stock including RSUs after update
Dividend equivalents added
15.289 shares
Shares received as dividend equivalents since last statement
Phantom stock conversion ratio
1 for 1
Each phantom stock unit tracks one share of common stock
Phantom stock price per unit
$0.0000
Grant price per phantom stock unit in the deferred plan
Key Terms
phantom stock units, Deferred Savings Plan For Non-Employee Directors Plan, dividend equivalents, restricted stock units, +1 more
5 terms
phantom stock units financial
"Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Savings Plan For Non-Employee Directors Plan financial
"accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan")"
dividend equivalents financial
"Includes 15.289 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.
restricted stock units financial
"Common stock includes 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.
beneficially owned financial
"The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kontoor Brands (KTB) director Ashley Goldsmith report in this Form 4?
Ashley Goldsmith reported a new grant of 379.033 phantom stock units and updated equity holdings. The filing reflects routine director compensation under a deferred savings plan and revised totals for both phantom units and common stock, rather than any open-market stock purchase or sale.
How many phantom stock units does Ashley Goldsmith hold in Kontoor Brands (KTB) after this filing?
After this filing, Ashley Goldsmith holds 3,462.3529 phantom stock units. These units represent deferred director fees under a cash-settled plan, where the number of units is based on share price and can change with deemed dividend reinvestment over time.
What are the phantom stock units reported by Kontoor Brands (KTB) director Ashley Goldsmith?
The phantom stock units are deferred compensation credits under Kontoor Brands’ non-employee directors deferred savings plan. They track the value of common stock on a one-for-one basis, are adjusted for deemed dividend reinvestment, and will be settled entirely in cash when the director retires from the board.
Did Ashley Goldsmith buy or sell Kontoor Brands (KTB) stock on the open market in this Form 4?
The Form 4 does not report any open-market purchases or sales of Kontoor Brands stock. It instead records a grant of 379.033 phantom stock units as deferred director fees and updates existing common stock and restricted stock unit holdings, including dividend equivalent credits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
