KSS.NYSEKohls CORP

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

Sentiment:

SEC Form 4 Filing


Director Michael Bender acquired 212 shares of Kohl's common stock due to a dividend reinvestment program, according to a recent SEC filing.

Summary

  • On April 2, 2025, Michael J Bender, a director of Kohl's Corp, acquired 212 shares of common stock.
  • The acquisition was a result of receiving additional restricted stock in lieu of a $0.125 per share dividend issued by the company on all Common Stock.
  • These shares vest on the same schedule as the underlying shares of restricted stock.
  • Following the transaction, Bender beneficially owns 40,584 shares of Kohl's common stock, which includes 14,783 unvested shares of restricted stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction (dividend reinvestment) and doesn't necessarily indicate strong positive or negative sentiment about the company's future.

Positives

  • The director's increased stake in the company could be seen as a positive signal.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's prospects. This transaction reflects a director increasing their stake through dividend reinvestment.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals confidence from a director.

Key Dates

DateDescription
04/02/2025Date of transaction: Michael Bender acquired 212 shares of Kohl's common stock.
04/02/2025Date of dividend issuance: The company issued a $0.125 per share dividend on all Common Stock.
04/04/2025Date of signature on the Form 4 filing.

Keywords

Kohl's, Director, Insider Trading, Form 4, Dividend Reinvestment, Stock Acquisition, KSS, Michael Bender

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