Form 4: Kohl's Corp Executive Fred Hand Reports Changes in Beneficial Ownership

SEVP and Director of Stores at Kohl's Corp, Fred Hand, reports acquisition and disposal of common stock due to dividend equivalents and tax obligations related to vested restricted stock units.

Summary

• On March 25, 2025, Fred Hand, SEVP and Director of Stores at Kohl's Corp, reported changes in beneficial ownership of Kohl's common stock.
• Hand acquired 633 shares of common stock representing a dividend equivalent amount on vested restricted stock units.
• He also disposed of 1,993 shares to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts at a price of $9.4.
• Following these transactions, Hand beneficially owns 159,653 shares of Kohl's common stock, which includes 109,879 unvested restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading.
• Executive compensation packages often include restricted stock units and dividend equivalents, aligning executive interests with shareholder value.
• Similar filings can be observed across the retail industry for companies like Walmart (WMT), Target (TGT), and Macy's (M).

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transactions reflect standard compensation practices and tax obligations, which are unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Beneficial Ownership, Form 4, Kohl's Corp, Fred Hand, Stock, Dividend Equivalent, Restricted Stock Units, Tax Withholding