Form 4: Kohl's Corp: Director Kingsbury Reports Changes in Beneficial Ownership

Thomas Kingsbury, a director and advisor to the CEO of Kohl's Corp, reports changes in beneficial ownership of common stock due to dividend equivalent issuance and tax withholding.

Summary

• On March 25, 2025, Thomas Kingsbury, a director and advisor to the CEO of Kohl's Corp, reported changes in beneficial ownership of Kohl's common stock.
• Kingsbury acquired 10,076 shares through the issuance of dividend equivalents on vested restricted stock units.
• Additionally, 45,396 shares were disposed of at a price of $9.4 to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts under the Company's Long-Term Compensation Plan.
• Following these transactions, Kingsbury directly owns 262,721 shares of Kohl's common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, as it reflects standard compensation practices.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation and tax obligations, which is common among publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders, reflecting standard compensation practices and tax obligations of a company insider.

Key Dates

Keywords

beneficial ownership, Form 4, Kohl's Corp, KSS, Thomas Kingsbury, director, advisor to CEO, dividend equivalents, restricted stock units, tax withholding, Long-Term Compensation Plan