KSS.NYSEKohls CORP

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

Sentiment:

SEC Form 4 Filing

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Siobhan Mc Feeney, Sr. EVP & Chief Tech. Officer of Kohl's Corp, reports acquisition and disposal of common stock due to settlement of performance share units and tax withholding.

Summary

  • On March 12, 2024, Siobhan Mc Feeney acquired 1,340 shares of Kohl's Corp common stock through the settlement of performance share units.
  • On the same day, 471 shares were disposed of to satisfy tax withholding obligations at a price of $27.19 per share.
  • Following these transactions, Mc Feeney beneficially owns 147,087 shares of Kohl's Corp common stock, which includes 121,818 unvested shares of restricted stock and restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations.

Positives

  • The acquisition of shares through performance share units indicates that Mc Feeney is meeting performance goals set by the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's 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

DateDescription
03/12/2024Date of the transaction involving the acquisition and disposal of Kohl's Corp common stock.
03/14/2024Date of signature by Elizabeth McCright, P.O.A.

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