Vanguard holds 2.84M Kontoor Brands (NYSE: KTB) shares, 5.14% disclosed
Rhea-AI Filing Summary
Kontoor Brands Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 2,842,433 shares of Kontoor Brands common stock, representing 5.14% of the class. The filing lists sole voting power for 400,084 shares and sole dispositive power for 2,842,433 shares.
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Insights
Vanguard holds a 5.14% stake in Kontoor Brands.
Vanguard Capital Management reports beneficial ownership of 2,842,433 shares, a >5% position that must be disclosed under Schedule 13G rules. This level signals a meaningful institutional holding but does not, by itself, indicate activist intent.
Future filings could show changes in voting or disposition that affect investor outlook; timing not specified in the excerpt.
Filing follows Schedule 13G passive/investor disclosure conventions.
The report identifies voting and dispositive powers and includes the CUSIP 50050N103. It cites SEC Release No. 34-39538 regarding aggregation of affiliate holdings, clarifying which Vanguard entities are included.
No transaction intent or plans are stated; disclosures appear procedural and compliant with Section 13 reporting requirements.
Key Figures
Key Terms
Schedule 13G regulatory
beneficially owned financial
sole dispositive power regulatory
SEC Release No. 34-39538 regulatory
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