Form 4: Kohl's Corp Executive Jennifer J. Kent Reports Stock Transactions
SEC Form 4 Filing
Jennifer J. Kent, a Senior EVP & CLO & Corp. Sec. at Kohl's Corp, reports acquisition and disposal of common stock related to vested restricted stock units.
Summary
- On April 2, 2025, Jennifer J. Kent, a Senior EVP & CLO & Corp. Sec. at Kohl's Corp, reported transactions involving Kohl's common stock.
- Kent acquired 196 shares of common stock representing the dividend equivalent amount on vested restricted stock units.
- Kent disposed of 64 shares of common stock at a price of $8.26 to satisfy tax withholding obligations upon vesting of restricted stock unit dividend equivalent amounts under the Company's Long-Term Compensation Plan.
- Following these transactions, Kent beneficially owns 203,957 shares of Kohl's common stock, which includes 135,135 unvested restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing represents routine transactions related to executive compensation. There are no indications of significant positive or negative developments.
Positives
- The acquisition of shares through dividend equivalents suggests a continued investment in the company's stock by the executive.
Negatives
- The disposal of shares to cover tax obligations, while routine, slightly reduces the executive's holdings.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of key personnel.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of stock transactions (acquisition and disposal). |
| 04/04/2025 | Date of signature by Megan E. Glise, P.O.A. |
Keywords
Kohl's Corp, Jennifer J. Kent, Form 4, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Dividend Equivalents, Tax Withholding
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