Form 4: Kohl's Corp Executive Raymond Christie Reports Stock Transactions
SEC Form 4 Filing
Raymond Christie, Sr. EVP & Chief Marketing Officer of Kohl's Corp, reports acquisition and disposal of company stock related to vested restricted stock units and tax obligations.
Summary
- On September 16, 2024, Raymond Christie, Sr. EVP & Chief Marketing Officer of Kohl's Corp, reported transactions involving Kohl's common stock.
- Christie acquired 2,182 shares representing the dividend equivalent amount on vested restricted stock units.
- He also disposed of 7,581 shares to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts at a price of $19.72 per share.
- Following these transactions, Christie beneficially owns 190,148 shares of Kohl's common stock, which includes 119,237 unvested shares of restricted stock and restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's sentiment towards 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
| Date | Description |
|---|---|
| 09/16/2024 | Date of stock transactions (acquisition and disposal). |
| 09/17/2024 | Date of signature by Elizabeth McCright, P.O.A. |
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