Form 4: Kohl's Corp Director Peter Boneparth Reports Acquisition of Common Stock

Director Peter Boneparth acquired 342 shares of Kohl's Corp common stock on April 3, 2024, as a result of a dividend reinvestment.

Summary

• On April 3, 2024, Peter Boneparth, a director of Kohl's Corp, acquired 342 shares of common stock.
• The 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.
• Following the transaction, Boneparth directly owns 89,914 shares of Kohl's Corp, which includes 18,753 unvested shares of restricted stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction disclosure. The director increasing their stake could be seen as slightly positive, but it's a small amount related to a dividend reinvestment.

Positives

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

Industry Context

This filing is a routine disclosure of a transaction by a company insider, which is a common occurrence in the corporate world. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding insider activity.

Key Dates