Form 4: Kohl's CFO Jill Timm Reports Stock Transactions

Jill Timm, CFO of Kohl's, reports acquisition of shares via dividend equivalent and disposition of shares to cover tax obligations related to vesting restricted stock units.

Summary

• On March 27, 2025, Jill Timm, the Chief Financial Officer of Kohl's, reported transactions involving Kohl's common stock.
• Timm acquired 1,709 shares of common stock representing the dividend equivalent amount on vested restricted stock units.
• She also disposed of 3,645 shares to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts at a price of $8.95.
• Following these transactions, Timm beneficially owns 248,456 shares of Kohl's common stock, which includes 49,412 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transactions are routine and related to compensation and tax obligations. There is no indication of significant positive or negative sentiment.

Positives

• The acquisition of shares via dividend equivalent suggests a continued investment in the company by the CFO.

Negatives

• The disposition of shares to cover tax obligations, while routine, reduces the CFO's overall holdings.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Kohl's, KSS, Jill Timm, CFO, Stock Transactions, Form 4, Dividend Equivalent, Restricted Stock Units, Tax Withholding