Form 4: Kohl's Corp Executive Raymond Christie Reports Stock Transactions

Raymond Christie, Sr. EVP & Chief Marketing Officer of Kohl's Corp, reports stock transactions including disposal of shares to cover tax obligations and acquisition of shares representing dividend equivalents.

Summary

• On March 27, 2024, Raymond Christie, Sr. EVP & Chief Marketing Officer of Kohl's Corp, reported transactions involving Kohl's common stock.
• He disposed of 1,892 shares at $26.3 to satisfy tax withholding obligations upon vesting of restricted stock.
• He also disposed of 3,118 shares at $26.3 to satisfy tax withholding obligations upon vesting of restricted stock units and corresponding dividend equivalent amounts.
• Christie acquired 409 shares representing the dividend equivalent amount on vested restricted stock units.
• Following these transactions, Christie beneficially owns 201,274 shares, including 147,803 unvested shares of restricted stock and restricted stock units.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

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

Key Dates