Form 4: Kohl's Corp CFO Jill Timm Reports Acquisition of Common Stock

Chief Financial Officer of Kohl's Corp, Jill Timm, reports acquiring 407 shares of common stock due to a dividend payout, increasing her total holdings to 259,822 shares.

Summary

• Jill Timm, the Chief Financial Officer of Kohl's Corp, filed a Form 4 with the SEC.
• The filing reports a transaction on September 25, 2024, where Ms. Timm acquired 407 shares of Kohl's common stock.
• This acquisition was due to an award of additional restricted stock in lieu of a $0.50 per share dividend issued by the company on all Common Stock, which was payable September 25, 2024.
• Following the transaction, Ms. Timm beneficially owns 259,822 shares of Kohl's common stock, including 83,146 unvested shares of restricted stock and restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing is a routine disclosure of stock acquisition due to a dividend payout. It doesn't inherently indicate positive or negative sentiment, but insider ownership is generally viewed as a positive.

Positives

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of shares by the CFO could have a slightly positive impact on shareholder sentiment.

Key Dates