Form 4: Kohl's Corp Executive Siobhan Mc Feeney Reports Changes in Beneficial Ownership

Siobhan Mc Feeney, Sr EVP & Chief Tech & Digi Off at Kohl's Corp, reports changes in beneficial ownership of company stock due to stock awards and tax withholding.

Summary

• On February 15, 2025, Siobhan Mc Feeney, a Senior EVP & Chief Tech & Digi Off at Kohl's Corp, reported changes in her beneficial ownership of the company's common stock.
• She acquired 461 shares representing the dividend equivalent amount on vested restricted stock units.
• She disposed of 878 shares to satisfy tax withholding obligations upon the vesting of restricted stock units at a price of $11.72.
• Following these transactions, Mc Feeney directly owns 132,674 shares of Kohl's Corp, which includes 106,408 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 and tax obligations, with no indication of significant positive or negative developments.

Positives

• The acquisition of shares through dividend equivalents suggests a continued investment in the company's long-term compensation plan.

Negatives

• The disposal of shares to cover tax obligations, while standard, slightly reduces the executive's holdings.

Risks

• Significant fluctuations in the stock price could impact the value of the executive's holdings and potentially influence future decisions regarding stock ownership.

Future Outlook

There is no specific future outlook provided in this document.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Comparison to Industry Standards

• Executive compensation practices, including the use of restricted stock units and dividend equivalents, are common across the retail industry.
• Companies like Target (TGT) and Walmart (WMT) also utilize similar compensation structures to align executive interests with shareholder value.
• The specific number of shares and the value of transactions are specific to the individual executive and the company's compensation policies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
• Transparency in executive stock ownership is important for maintaining investor confidence.

Key Dates

Keywords

beneficial ownership, Form 4, Kohl's Corp, KSS, Siobhan Mc Feeney, restricted stock units, tax withholding, dividend equivalent