Form 4: Kohl's Corp Director Wendy C. Arlin Reports Changes in Beneficial Ownership

Director Wendy C. Arlin reports acquisition of Kohl's Corp stock and deferred restricted stock units in lieu of a dividend payment.

Summary

• On September 25, 2024, Wendy C. Arlin, a director of Kohl's Corp, acquired 146 shares of common stock.
• Additionally, Arlin acquired 147 deferred restricted stock units.
• These acquisitions were in lieu of a $0.50 per share dividend issued by the company on all common stock.
• Following these transactions, Arlin beneficially owns 11,694 shares of common stock and 11,841 unvested deferred restricted stock units and shares of restricted stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the sentiment is neutral. The director's acquisition of shares could be interpreted as a slightly positive signal, but it's primarily a procedural disclosure.

Positives

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading. They provide insights into the actions of company directors and officers, which can be informative for investors.

Key Dates