Form 4: Kohl's Corp Director Wendy C. Arlin Reports Acquisition of 24,661 Shares of Common Stock
SEC Form 4 Filing
Director Wendy C. Arlin reported acquiring 24,661 shares of Kohl's Corp common stock on May 14, 2025, through an award of deferred restricted stock units.
Summary
- On May 14, 2025, Wendy C. Arlin, a director of Kohl's Corp, acquired 24,661 shares of common stock.
- The acquisition was in the form of deferred restricted stock units awarded 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 the director's termination of service.
- Following the transaction, Arlin beneficially owns 37,002 shares, including 24,661 unvested deferred restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (stock award) for a director, which is generally a good sign, but not significantly impactful.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Future Outlook
The deferred restricted stock units will vest and be settled in shares of common stock upon the director's termination of service or the earlier vesting date.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares, which is generally viewed positively by investors.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Acquisition of common stock. |
| 05/16/2025 | Date of signature on the report. |
Keywords
Form 4, Kohl's Corp, Director, Wendy C. Arlin, Stock Acquisition, Deferred Restricted Stock Units, Long-Term Compensation Plan, Beneficial Ownership
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