Kontoor Brands director defers fees into 820 units
A KTB director’s 820.1843 phantom units reflect deferred fees divided by fair market value, based on the average of the high and low selling prices.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Kontoor Brands, Inc. director Robert K. Shearer acquired 820.1843 phantom stock units on October 2, 2026, reflecting directors’ fees deferred under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan. His reported phantom-unit balance after the acquisition was 42,942.8594 units; the units are to be settled 100% in cash upon his retirement.
His reported common-stock holding was 54,477 shares, including restricted stock units and 21 dividend-equivalent shares received since the last statement.
Insider Trade Summary
Grant/Award: 820.1843 shares
Grant/Award
2 txns
Insider
SHEARER ROBERT K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d F2, F3, F4 | 820.1843 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Phantom Stock-d — 42,942.8594 contracts (Direct);
Common Stock — 54,476.596 shares (Direct)
Footnotes (4)
- F1. Includes 20.921 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 units acquired: 820.1843 units
Phantom stock units following acquisition: 42,942.8594 units
Common-stock holding: 54,477 shares
+1 more
4 metrics
Phantom stock units acquired
820.1843 units
October 2, 2026; directors’ fees deferred
Phantom stock units following acquisition
42,942.8594 units
Reported after the October 2, 2026 acquisition
Common-stock holding
54,477 shares
Includes restricted stock units
Dividend-equivalent shares
21 shares
Received on restricted stock units since the last statement
Key Terms
phantom stock units, Deferred Savings Plan, fair market value, dividend equivalents, +1 more
5 terms
phantom stock units financial
"Represents phantom stock units (“PSUs”) accrued under"
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 financial
"accrued under the Kontoor Brands Deferred Savings Plan"
fair market value financial
"divided by the fair market value (average of the high and low selling prices)"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
dividend equivalents financial
"shares received as dividend equivalents on restricted stock units"
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
"dividend equivalents on 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom stock units did KTB director Robert K. Shearer acquire?
Robert K. Shearer acquired 820.1843 phantom stock units on October 2, 2026; his reported phantom-unit balance following the acquisition was 42,942.8594 units.
How are KTB phantom stock units calculated?
The number acquired equaled the director fees deferred divided by the fair market value per share, calculated as the average of the high and low selling prices on the date of deferral. The number of units beneficially owned may vary over time due to deemed reinvestment of dividends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
