Form 4: Kohl's Corp Executive Jennifer J. Kent Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jennifer J. Kent, Sr. EVP & CLO & Corp. Sec. of Kohl's Corp, 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, Jennifer J. Kent, a Senior EVP & CLO & Corp. Sec. at Kohl's Corp, reported changes in beneficial ownership of the company's common stock.
- Kent acquired 474 shares of common stock due to dividend equivalent amounts on vested restricted stock units.
- She also disposed of 1,965 shares to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts.
- Following these transactions, Kent beneficially owns 131,721 shares of Kohl's Corp common stock, which includes 68,009 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to track management's sentiment and alignment with company performance.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
- The disposal of shares to cover tax obligations may slightly increase the float of available shares.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of stock acquisition and disposal transactions. |
| 03/27/2025 | Date of signature by Megan E. Glise, P.O.A. |
Keywords
Form 4, Beneficial Ownership, Kohl's Corp, Jennifer J. Kent, Stock Transactions, Restricted Stock Units, Dividend Equivalents, Tax Withholding
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