Form 4: Kohl's Corp CFO Jill Timm Acquires Additional Shares Through Dividend Reinvestment

Jill Timm, CFO of Kohl's Corp, acquired 337 shares of common stock on June 26, 2024, as a result of a dividend reinvestment.

Summary

• On June 26, 2024, Jill Timm, the Chief Financial Officer of Kohl's Corp, acquired 337 shares of common stock.
• The acquisition was a result of receiving additional restricted stock in lieu of a $0.50 per share dividend issued by the company on all Common Stock.
• Following the transaction, Timm directly owns 259,415 shares of Kohl's Corp, which includes 82,739 unvested shares of restricted stock and restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document simply reports a routine transaction related to dividend reinvestment. There is no indication of significant positive or negative implications.

Positives

• The acquisition of shares by a key executive can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Executive stock ownership changes are routinely monitored by investors as signals of management's confidence in the company's prospects. Dividend reinvestment plans are a common way for executives to increase their holdings.

Comparison to Industry Standards

• Executive compensation structures, including stock options and restricted stock, are common across the retail industry.
• Comparing Jill Timm's holdings and recent transactions to those of CFOs at comparable retailers like Macy's (M), Nordstrom (JWN), and Target (TGT) could provide additional context.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a key executive.

Key Dates