Form 4: Kohl's Corp. Director Receives Stock Awards

Kohl's Corp. director Yael Cosset received additional restricted stock and deferred restricted stock units in lieu of a cash dividend.

Summary

• Yael Cosset, a Director at Kohl's Corp. (KSS), received stock awards on June 24, 2026.
• These awards were granted in lieu of a $0.125 per share dividend on common stock.
• Cosset received 89 shares of restricted stock and additional deferred restricted stock units.
• The restricted stock vests according to the schedule of the underlying restricted stock.
• The deferred restricted stock units will be settled on the same schedule as the underlying units.
• Following these transactions, Cosset beneficially owns 70,667 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine equity awards to a director in lieu of a cash dividend, without significant new financial information or strategic shifts.

Positives

• Director received additional equity awards, indicating continued alignment with the company's performance.
• The awards are in lieu of a cash dividend, suggesting a strategy to retain capital within the company for reinvestment or other corporate purposes.

Negatives

• The transaction represents an award of equity rather than a purchase by the director, which could be interpreted as compensation rather than an investment conviction.

Future Outlook

The filing does not contain forward-looking statements or guidance. The awards vest and units settle according to existing schedules.

Industry Context

StockSavvy.ai notes that the issuance of equity awards in lieu of cash dividends is a common practice, particularly for companies aiming to conserve cash or incentivize long-term performance among key personnel and directors.

Stakeholder Impact

• Shareholders: The decision to issue stock awards instead of cash dividends may conserve company cash, potentially for reinvestment, but reduces immediate cash returns to shareholders.

Next Steps

• Restricted stock will vest according to the existing schedule.
• Deferred restricted stock units will be settled according to the existing schedule.

Key Dates

Keywords

Kohl's Corp, KSS, Form 4, Director, Stock Award, Restricted Stock, Deferred Stock Units, Dividend Equivalent, Beneficial Ownership