Form 4: Kohl's Director Acquires Additional Shares Through Dividend Reinvestment

Director Adrianne Shapira acquired 205 shares of Kohl's stock through a dividend reinvestment program, increasing her total holdings to 37,120 shares.

Summary

• Adrianne Shapira, a director at Kohl's, acquired 205 shares of common stock on December 24, 2024.
• The shares were acquired as part of a dividend reinvestment program, in lieu of a $0.50 per share cash dividend.
• These new shares are in the form of deferred restricted stock units and will vest on the same schedule as her existing units.
• Shapira's total holdings now include 37,120 shares, with 6,124 of those being unvested deferred restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The director's participation in the dividend reinvestment program is a positive sign.

Positives

• The director's participation in the dividend reinvestment program demonstrates confidence in the company's future.
• The acquisition increases the director's stake in the company, aligning her interests with those of other shareholders.

Industry Context

This is a routine transaction for a company director, and is not unusual in the retail industry.

Comparison to Industry Standards

• Director stock acquisitions through dividend reinvestment are common across publicly traded companies.
• Many companies offer similar programs to align director and shareholder interests.
• The size of the acquisition is relatively small compared to overall trading volume, and is not unusual for a director.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows director confidence in the company.

Key Dates

Keywords

Kohl's, Director, Adrianne Shapira, Stock Acquisition, Dividend Reinvestment, Deferred Restricted Stock Units, SEC Form 4, Insider Trading