Form 4: Kohl's Corp: Advisor to CEO, Thomas Kingsbury, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Thomas Kingsbury, Advisor to the CEO of Kohl's Corp, reports acquisition and disposal of common stock due to dividend equivalent and tax obligations.
Summary
- On April 2, 2025, Thomas Kingsbury, Advisor to the CEO of Kohl's Corp, reported changes in beneficial ownership of Kohl's common stock.
- Kingsbury acquired 1,895 shares of common stock representing the dividend equivalent amount on vested restricted stock units.
- Kingsbury also disposed of 891 shares to satisfy tax withholding obligations upon vesting of restricted stock unit dividend equivalent amounts at a price of $8.26 per share.
- Following these transactions, Kingsbury beneficially owns 263,725 shares of Kohl's common stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates activity related to dividend equivalents and tax obligations, which are common occurrences in executive compensation packages.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 04/04/2025 | Date of signature by Megan E. Glise, P.O.A. |
Keywords
Kohl's Corp, KSS, Thomas Kingsbury, Beneficial Ownership, Form 4, Dividend Equivalent, Restricted Stock Units, Tax Withholding, Advisor to CEO
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