Form 4: Kohl's Director Yael Cosset Acquires Additional Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Yael Cosset acquired 173 shares of Kohl's common stock on April 3, 2024, as part of a dividend reinvestment program.
Summary
- On April 3, 2024, Yael Cosset, a director of Kohl's Corp, acquired 173 shares of common stock.
- The acquisition was due to an award of additional restricted stock in lieu of a $0.50 per share dividend issued by the company.
- Following the transaction, Cosset directly owns 28,142 shares of Kohl's common stock, which includes 9,512 unvested shares of restricted stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction by a company director. It doesn't inherently indicate positive or negative performance.
Positives
- The director's participation in the dividend reinvestment program could be seen as a positive signal.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction: Yael Cosset acquired 173 shares of Kohl's common stock. |
| 04/03/2024 | Date of dividend: The $0.50 per share dividend was issued by the company. |
| 04/05/2024 | Date of signature: Elizabeth McCright, P.O.A., signed the form. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.