Form 4: Kohl's Corp Executive Raymond Christie Reports Changes in Beneficial Ownership

Sr. EVP & Chief Marketing Officer of Kohl's Corp, Raymond Christie, reports acquisition and disposal of common stock related to vesting of restricted stock and a long-term incentive program award.

Summary

• On March 25, 2024, Raymond Christie, Sr. EVP & Chief Marketing Officer of Kohl's Corp, reported changes in beneficial ownership of Kohl's common stock.
• 481 shares were disposed of at a price of $26.37 to satisfy tax withholding obligations upon vesting of restricted stock.
• Christie also acquired 19,826 shares as part of an annual long-term grant under the Company's Long-Term Incentive Program.
• Following these transactions, Christie beneficially owns 205,875 shares, including 158,051 unvested shares of restricted stock and restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation. There is no indication of unusual or concerning activity.

Positives

• The acquisition of 19,826 shares through the Long-Term Incentive Program suggests confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the restricted stock units extends over four years.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

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

Key Dates