Form 4: Kohl's CTO Steven Dee Awarded 49,180 RSUs

Kohl's Chief Technology Officer, Steven E. Dee, was granted 49,180 restricted stock units as part of the company's long-term incentive program.

Summary

• Steven E. Dee, Chief Technology Officer of Kohl's Corp (KSS), was granted 49,180 shares of Common Stock on March 30, 2026.
• This grant is an annual award under the company's long-term incentive program.
• The restricted stock units (RSUs) will vest in three equal annual installments on the first, second, and third anniversaries of the grant date.
• Following this transaction, Mr. Dee beneficially owns 67,872 shares, which includes 67,872 unvested restricted stock units.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, reflecting standard executive compensation practices designed to align management incentives with long-term company performance and retention.

Positives

• The grant of 49,180 restricted stock units aligns management's interests with long-term shareholder value through a time-vested incentive program.
• The award is part of an annual long-term incentive program, indicating a structured approach to executive compensation and retention.

Future Outlook

The restricted stock units will vest in three equal annual installments on the first through third anniversaries of the grant date, indicating a future vesting schedule for these shares.

Industry Context

StockSavvy.ai notes that long-term incentive programs, particularly those involving restricted stock units with multi-year vesting schedules, are standard practice across the retail industry to align executive compensation with sustained company performance and shareholder interests. This type of award is common for retaining key technology leadership in a competitive environment.

Comparison to Industry Standards

• The use of time-vested restricted stock units is a common practice for executive compensation in the retail sector, similar to programs at companies like Macy's (M) or Nordstrom (JWN), which often tie a significant portion of executive pay to equity performance and retention.
• The three-year vesting schedule is typical for such awards, aiming to incentivize long-term commitment and performance, comparable to similar structures seen at Target (TGT) or Walmart (WMT) for their senior leadership.

Stakeholder Impact

• Shareholders: The grant of RSUs to a key executive aligns management's long-term interests with shareholder value creation.
• Employees: This reflects the company's executive compensation strategy, which can influence overall employee morale and retention strategies.

Next Steps

• The restricted stock units will vest in three equal annual installments on the first, second, and third anniversaries of the grant date.

Key Dates

Recommendation

This Form 4 filing reports a routine executive compensation grant and does not provide sufficient information to alter a fundamental investment thesis. It indicates standard corporate governance practices for executive incentives, which is generally neutral to slightly positive for long-term alignment, but not a catalyst for a 'buy' or 'sell' recommendation on its own.

Keywords

Kohl's, KSS, Steven E. Dee, Chief Technology Officer, CTO, Restricted Stock Units, RSU, Long-Term Incentive, Insider Transaction, SEC Form 4