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

Chief Financial Officer Jill Timm reports acquisition and disposal of Kohl's Corp stock related to vested restricted stock units and tax obligations.

Summary

• Jill Timm, the Chief Financial Officer of Kohl's Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On March 28, 2025, Timm acquired 674 shares of common stock representing dividend equivalents on vested restricted stock units.
• Also on March 28, 2025, Timm disposed of 1,029 shares to satisfy tax withholding obligations at a price of $8.61 per share.
• On March 31, 2025, Timm acquired 636 shares of common stock representing dividend equivalents on vested restricted stock units.
• On March 31, 2025, Timm disposed of 897 shares to satisfy tax withholding obligations at a price of $8.47 per share.
• Following these transactions, Timm beneficially owns 247,840 shares of Kohl's Corp common stock, which includes 44,706 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transactions are routine and related to compensation and tax obligations.

Positives

• Acquisition of shares through dividend equivalents indicates continued vesting of restricted stock units.

Negatives

• Disposal of shares to cover tax obligations reduces the overall shareholding.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities 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

Form 4, Beneficial Ownership, Stock Transactions, Jill Timm, Kohl's Corp, KSS, CFO, Restricted Stock Units, Dividend Equivalents, Tax Withholding