Form 4: Kohl's CMO reports RSU vesting, share withholding

Kohl’s (KSS) Senior EVP and Chief Marketing Officer Raymond Christie reported RSU-related share credits and tax withholding, ending with 238,321 directly held shares.

Summary

• Raymond Christie, Sr. EVP and Chief Marketing Officer of Kohl’s (KSS), reported equity transactions dated 2026-03-27.
• Credited 1,418 common shares as dividend equivalents upon RSU vesting.
• Withheld 2,446 shares to satisfy tax obligations tied to RSU vesting at a price of $12.92 per share.
• Direct beneficial ownership after these transactions totals 238,321 common shares, including 128,984 unvested RSUs.
• Power of Attorney signature by Megan E. Glise dated 2026-03-30.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine insider compensation event with minimal implication for fundamental outlook.

Positives

• Executive maintains a significant equity stake: 238,321 directly held shares, aligning interests with shareholders.
• RSU dividend equivalent credit added 1,418 shares, reflecting continued vesting of long-term incentives.
• All activity is routine compensation-related with no open-market selling.

Negatives

• Net decrease of 1,028 shares (1,418 added minus 2,446 withheld for taxes) in direct holdings.

Future Outlook

No forward-looking statements or guidance provided.

Industry Context

StockSavvy.ai notes that RSU vesting with associated tax-withholding via share reduction is a routine administrative event across U.S. retailers and broader large-cap issuers, typically not indicating insider sentiment.

Comparison to Industry Standards

• Consistent with common practice at Macy’s (M), Nordstrom (JWN), and Target (TGT), where executives report RSU vesting credits and tax-withholding (Transaction Code F) via Form 4.
• Use of fair market value to calculate share withholding for taxes aligns with standard compensation procedures across S&P 500 companies.
• No open-market buying or selling is typical during RSU vesting events, making this activity administrative rather than strategic compared with peers.

Stakeholder Impact

• Minimal impact on existing shareholders given the small share quantities involved.
• Executive equity alignment maintained through substantial direct holdings and unvested RSUs.

Key Dates

Keywords

Kohl's, KSS, Form 4, insider transaction, restricted stock units, RSU vesting, dividend equivalent, tax withholding, beneficial ownership, Raymond Christie, Chief Marketing Officer, long-term compensation plan, equity compensation