Kontoor Brands director receives 1,611 shares
The director's reported holdings after the grant were 1,611 shares, including restricted stock units.
Rhea-AI Filing Summary
Kontoor Brands, Inc. director Michael Skipworth acquired 1,611 shares of common stock in a grant/award on September 23, 2026. The common stock includes restricted stock units, and his direct holdings following the transaction were 1,611 shares. The reported price was 0.0000 per share, and no Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,611 shares
Grant/Award
1 txn
Insider
Skipworth Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,611 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,611 shares (Direct)
Footnotes (1)
- F1. Common stock includes restricted stock units.
Key Figures
Shares acquired: 1,611 shares
Reported transaction price: 0.0000 per share
Direct holdings after transaction: 1,611 shares
3 metrics
Shares acquired
1,611 shares
Grant/award on September 23, 2026
Reported transaction price
0.0000 per share
Grant/award on September 23, 2026
Direct holdings after transaction
1,611 shares
Following the September 23, 2026 grant/award
Key Terms
restricted stock units, Rule 10b5-1 plan
2 terms
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.
Rule 10b5-1 plan financial
"No Rule 10b5-1 plan is reported."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.