Kontoor Brands (NYSE: KTB) CEO shifts 90,680 shares to GRAT and trust entities
Rhea-AI Filing Summary
Kontoor Brands, Inc. Chairman, President and CEO Scott H. Baxter reported an internal reallocation of his holdings in Kontoor Brands common stock. On February 5, 2026, a code G transaction moved 90,680 shares at $0 per share from his direct ownership to indirect ownership.
After the transaction, Baxter directly held 169,568.418 shares of common stock. The same 90,680 shares were reported as indirectly owned by 2026 GRAT #1. Additional indirect holdings were reported as 56,370 shares through 2025 GRAT #1, 380 shares held "By Son," and 172,130.214 shares held "by Trust." A footnote states the reported common stock total includes 1,466.845 shares received as dividend equivalents on restricted stock units, and that common stock includes restricted stock units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 90,680 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 90,680 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Includes 1,466.845 shares received as dividend equivalents on restricted stock units. Common stock includes restricted stock units.
FAQ
What insider transaction did KTB CEO Scott Baxter report on February 5, 2026?
What indirect holdings of Kontoor Brands (KTB) stock are associated with Scott Baxter?
What does the Form 4 say about dividend equivalents on KTB restricted stock units?
What role does Scott Baxter hold at Kontoor Brands (KTB) in this Form 4 filing?
Were any options or other derivative securities reported for KTB in this Form 4?
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