KSS.NYSEKohls CORP

Form 4: Kohl's Corp Director Jonas Prising Acquires 20,962 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Director Jonas Prising acquired 20,962 shares of Kohl's Corp common stock on May 14, 2025, increasing his total holdings to 98,362 shares.

Summary

  • On May 14, 2025, Jonas Prising, a director of Kohl's Corp, acquired 20,962 shares of common stock.
  • The acquisition was made through an award of restricted stock under the company's Long-Term Compensation Plan.
  • Following the transaction, Prising's total beneficial ownership of Kohl's Corp common stock increased to 98,362 shares, which includes 20,962 unvested shares of restricted stock.
  • The restricted shares 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.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The director's acquisition could be seen as a positive signal, but it's part of a compensation plan, so it's largely expected.

Positives

  • The acquisition of shares by a director signals confidence in the company's future prospects.

Future Outlook

The vesting of the restricted shares is contingent upon the first anniversary of the grant date or the date of the company's annual meeting for the following year.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions are closely monitored by investors for signals about management's confidence in the company's performance.

Stakeholder Impact

  • The acquisition of shares by a director could positively influence shareholder sentiment.

Key Dates

DateDescription
05/14/2025Date of transaction: Jonas Prising acquired 20,962 shares of Kohl's Corp common stock.
05/16/2025Date of signature by Megan E. Glise, P.O.A.

Keywords

Kohl's Corp, Jonas Prising, Director, Stock Acquisition, Form 4, Restricted Stock, Long-Term Compensation Plan, Beneficial Ownership

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