Form 4: Kohl's Corp Executive Fred Hand Reports Stock Transactions
SEC Form 4
Fred Hand, SEVP and Director of Stores at Kohl's Corp, reports acquisition and disposal of company stock related to vested restricted stock units and tax obligations.
Summary
- On October 14, 2024, Fred Hand, SEVP and Director of Stores at Kohl's Corp, reported transactions involving Kohl's common stock.
- Hand acquired 4,699 shares representing the dividend equivalent amount on vested restricted stock units.
- He also disposed of 18,075 shares to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts.
- Following these transactions, Hand beneficially owns 161,013 shares of Kohl's common stock, which includes 117,431 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It reflects routine compensation and tax-related activities.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/14/2024 | Date of stock acquisition and disposal transactions. |
| 10/15/2024 | Date of signature by Elizabeth McCright, P.O.A. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.