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

Raymond Christie, Sr. EVP & Chief Marketing Officer of Kohl's Corp, reports transactions involving common stock, including acquisitions and disposals to cover tax obligations.

Summary

• On March 27, 2025, Raymond Christie, a Senior EVP & Chief Marketing Officer at Kohl's Corp, reported changes in beneficial ownership of the company's common stock.
• The transactions included the disposal of 1,422 shares at $8.95 to cover tax withholding obligations upon the vesting of restricted stock.
• Additionally, 1,098 shares were acquired as a dividend equivalent amount on vested restricted stock units.
• Another disposal of 2,344 shares at $8.95 occurred to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts.
• Following these transactions, Christie beneficially owns 183,631 shares, which includes 93,455 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of 1,098 shares indicates a dividend equivalent being paid out on vested restricted stock units, which can be seen as a positive for the executive.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• Similar filings are made by executives at comparable retailers like Macy's (M) and Target (TGT) when they have transactions involving company stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations of an executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Kohl's Corp, KSS, Raymond Christie, Restricted Stock Units, Tax Withholding, Dividend Equivalent