Form 4: Kohl's Corp Director Charles Floyd Acquires Shares Through Deferred Restricted Stock Units

Director Charles Floyd acquired 17,879 shares of Kohl's Corp through deferred restricted stock units, increasing his total holdings to 51,733 shares.

Summary

• On May 14, 2025, Charles Floyd, a director of Kohl's Corp, acquired 17,879 shares of common stock.
• The acquisition was through an award of deferred restricted stock units under the company's Long-Term Compensation Plan.
• These units vest in full on the earlier of the first anniversary of the grant date or the date of the company's annual meeting for the following year.
• The units will be settled in shares of the company's common stock upon Floyd's termination of service as a director.
• Following the transaction, Floyd beneficially owns 51,733 shares, which includes 17,879 unvested deferred restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which is neither overtly positive nor negative.

Positives

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

Future Outlook

The deferred restricted stock units will vest on the earlier of the first anniversary of the grant date or the date of the company's annual meeting for the following year, and will be settled upon termination of service as a director.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment about the company's prospects.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's continued investment in the company.

Key Dates

Keywords

Kohl's Corp, Director, Charles Floyd, Deferred Restricted Stock Units, Share Acquisition, Form 4, Beneficial Ownership, Long-Term Compensation Plan