Form 4: Kohl's Director Wendy C. Arlin Increases Stake Through Dividend Reinvestment

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

Summary

• Kohl's Corporation Director, Wendy C. Arlin, reported changes in her beneficial ownership of the company's common stock.
• On June 25, 2025, Ms. Arlin acquired 380 additional deferred restricted stock units.
• These units were awarded in lieu of a $0.125 per share dividend issued by Kohl's on all common stock, payable on the same date.
• Subsequently, on the same date, she acquired another 96 additional deferred restricted stock units, also in lieu of the $0.125 per share dividend.
• Following these transactions, Ms. Arlin's direct beneficial ownership of Kohl's common stock increased to 37,478 shares.
• This total includes 25,041 unvested deferred restricted stock units.
• The newly acquired units will vest and settle on the same schedule as the underlying deferred restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as a director increased their stake, even if through a routine dividend reinvestment, which can signal continued alignment with shareholder interests and confidence in the company.

Positives

• The acquisition of additional shares by a director, even through a dividend reinvestment mechanism, can be interpreted as a sign of continued confidence in the company's future prospects by an insider.

Future Outlook

The document does not provide a future outlook for the company. It only details a past insider transaction.

Industry Context

This Form 4 filing is specific to an insider transaction at Kohl's Corporation and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The director's decision to accept stock in lieu of a cash dividend may be viewed positively, indicating alignment of interests and confidence in the company's long-term value.

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

Keywords

Kohl's, KSS, Form 4, Insider Transaction, Beneficial Ownership, Director, Stock Units, Dividend Reinvestment, SEC Filing