Form 4: Kohl's Corp Executive Siobhan Mc Feeney Reports Stock Transactions

Siobhan Mc Feeney, a Senior EVP & Chief Tech & Digital Officer at Kohl's Corp, reported the acquisition and disposal of common stock related to vested restricted stock units and tax obligations.

Summary

• On March 28, 2025, Siobhan Mc Feeney acquired 261 shares of Kohl's common stock representing a dividend equivalent amount on vested restricted stock units.
• Also on March 28, 2025, 446 shares were disposed of at $8.61 to satisfy tax withholding obligations upon the vesting of restricted stock units.
• On March 31, 2025, Mc Feeney acquired 245 shares of Kohl's common stock representing a dividend equivalent amount on vested restricted stock units.
• Additionally, on March 31, 2025, 385 shares were disposed of at $8.47 to satisfy tax withholding obligations upon the vesting of restricted stock units.
• Following these transactions, Mc Feeney beneficially owns 128,048 shares of Kohl's common stock, which includes 89,860 unvested restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transactions are routine and related to compensation and tax obligations. There is no indication of positive or negative sentiment towards the company's prospects.

Positives

• The acquisition of shares through dividend equivalents on vested restricted stock units increases Mc Feeney's stake in the company.

Negatives

• The disposal of shares to cover tax obligations reduces Mc Feeney's holdings, although this is a standard practice.

Risks

• Fluctuations in Kohl's stock price could impact the value of Mc Feeney's holdings, particularly the unvested restricted stock units.
• Changes in tax laws could affect the amount of shares needed to cover tax obligations in the future.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation plans and tax obligations. These transactions provide insights into executive sentiment and alignment with company performance.

Comparison to Industry Standards

• Executive compensation structures, including restricted stock units and dividend equivalents, are standard practice among publicly traded companies like Target (TGT) and Walmart (WMT).
• The frequency and volume of stock transactions by executives are generally comparable to those seen in similar retail corporations.
• Tax withholding practices related to vesting of stock options and restricted stock units are consistent across the industry.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.
• Shareholders may view the transactions as a routine part of executive compensation.

Key Dates

Keywords

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