Form 4: Kohl's Director Arlin Receives Stock Units

Kohl's Director Wendy C. Arlin received additional deferred restricted stock units in lieu of a cash dividend, increasing her beneficial ownership.

Summary

• Wendy C. Arlin, a Director of KOHLS Corp (KSS), acquired additional common stock.
• The transaction occurred on September 24, 2025, and involved the acquisition of deferred restricted stock units (DRSUs).
• These DRSUs were awarded in lieu of a $0.125 per share dividend issued by the Company, which was payable on September 24, 2025.
• A total of 183 DRSUs and 46 DRSUs were acquired in two separate awards.
• Following these transactions, Wendy C. Arlin beneficially owns 37,707 shares of Common Stock.
• This total includes 25,224 unvested deferred restricted stock units.

Sentiment

Score: 6

Explanation: The filing indicates a routine insider transaction where a director received deferred restricted stock units in lieu of a cash dividend, which is generally viewed as a neutral to slightly positive event as it increases insider ownership.

Positives

• Director Wendy C. Arlin increased her beneficial ownership in Kohl's Common Stock by acquiring additional deferred restricted stock units.
• The acquisition of deferred restricted stock units in lieu of a cash dividend aligns the director's interests with long-term shareholder value.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of deferred restricted stock units by Director Wendy C. Arlin from KOHLS Corp in lieu of a cash dividend.

Stakeholder Impact

• Shareholders: The transaction slightly increases insider alignment with shareholder interests through increased beneficial ownership.
• Employees, customers, suppliers, creditors: No direct impact from this specific filing.

Next Steps

• The acquired deferred restricted stock units will vest and be settled on the same schedule as the underlying deferred restricted stock units.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where a director received deferred restricted stock units in lieu of a cash dividend. While it slightly increases insider ownership, it does not provide new material information to warrant a change in investment recommendation. The transaction is part of standard compensation practices and does not reflect a discretionary purchase or sale based on new strategic insights or financial performance.

Keywords

Kohl's, KSS, Form 4, insider transaction, director, stock units, deferred restricted stock units, dividend, beneficial ownership