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

Siobhan Mc Feeney, a Senior EVP & Chief Tech & Digital Officer at Kohl's Corp, reported the acquisition and disposal of common stock on August 15, 2024, according to a Form 4 filing.

Summary

• On August 15, 2024, Siobhan Mc Feeney, a Senior EVP & Chief Tech & Digital Officer at Kohl's Corp, reported changes in beneficial ownership of Kohl's common stock.
• Mc Feeney acquired 2,143 shares of common stock representing the dividend equivalent amount on vested restricted stock units.
• She also disposed of 7,219 shares to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts at a price of $19.19.
• Following these transactions, Mc Feeney beneficially owns 153,081 shares of Kohl's common stock, which includes 107,879 unvested shares of restricted stock and restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation. There is no indication of significant positive or negative sentiment.

Positives

• The acquisition of shares through dividend equivalents indicates a continued investment in the company by the executive.

Negatives

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

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 to gauge executive sentiment and potential future performance.

Stakeholder Impact

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

Key Dates