Form 4: Kohl's Corp Executive Jennifer J. Kent Reports Stock Transactions

Jennifer J. Kent, Sr. EVP & CLO & Corp. Sec. of Kohl's Corp, reports acquisition and disposal of common stock related to dividend equivalents and tax obligations.

Summary

• On April 3, 2024, Jennifer J. Kent, a Senior EVP & CLO & Corp. Sec. at Kohl's Corp, reported transactions involving the company's common stock.
• Kent acquired 123 shares representing the dividend equivalent amount on vested restricted stock units.
• Kent disposed of 58 shares to satisfy tax withholding obligations upon the vesting of restricted stock unit dividend equivalent amounts at a price of $27.59 per share.
• Following these transactions, Kent beneficially owns 139,842 shares of Kohl's Corp, which includes 106,014 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock. It reflects standard compensation practices involving restricted stock units and dividend equivalents.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.

Key Dates