Form 4: Kohl's Director Charles Floyd Receives Stock Grant

Kohl's Corporation director Charles Floyd was granted 11,876 deferred restricted stock units as part of the company's long-term compensation plan.

Summary

• Director Charles Floyd acquired 11,876 deferred restricted stock units (RSUs) on May 20, 2026.
• The grant is part of the Kohl's Corporation Long-Term Compensation Plan.
• The units vest on the earlier of the first anniversary of the grant date or the date of the company's next annual meeting.
• The RSUs will be settled in common stock upon the director's termination of service.
• Following this transaction, the director's total beneficial ownership is 64,302 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which carries a neutral sentiment.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Value of the equity grant is subject to market fluctuations in Kohl's common stock price.

Future Outlook

The units are scheduled to vest on the earlier of the first anniversary of the grant date or the date of the company's next annual meeting.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the retail sector to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The use of deferred restricted stock units for director compensation is consistent with standard practices among S&P 500 retail companies.
• Vesting schedules tied to annual meetings are common in the retail industry to ensure director retention through the annual cycle.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; represents standard director compensation practices.

Next Steps

• Vesting of the 11,876 restricted stock units on the earlier of May 20, 2027, or the 2027 annual meeting date.

Key Dates

Keywords

Kohl's, KSS, Director Compensation, Form 4, Insider Transaction, Equity Grant