Form 4: Kohl's Director Yael Cosset Boosts Stake via Dividend

Kohl's Director Yael Cosset acquired additional common stock and deferred restricted stock units in lieu of a cash dividend.

Summary

• Yael Cosset, a Director at Kohl's Corp (KSS), reported changes in beneficial ownership.
• Acquired 151 shares of common stock and 56 deferred restricted stock units on September 24, 2025.
• These acquisitions were awards in lieu of a $0.125 per share dividend.
• The shares and units vest on the same schedule as the underlying restricted stock and deferred restricted stock units.
• Following these transactions, Cosset beneficially owns 56,622 shares, including 20,810 unvested restricted shares.

Sentiment

Score: 6

Explanation: Slightly positive due to a director increasing their stake, even if it's a routine dividend reinvestment. It shows continued alignment and no divestment.

Positives

• Director Yael Cosset increased her beneficial ownership in Kohl's Corp, indicating continued alignment with shareholder interests.
• The acquisition was part of a dividend reinvestment, demonstrating a mechanism for directors to increase holdings without direct cash outlay.

Risks

• The value of the acquired shares and units is subject to market fluctuations inherent in equity ownership.

Future Outlook

The acquired restricted stock and deferred restricted stock units will vest and settle according to the same schedule as their underlying awards, indicating future vesting events.

Industry Context

This Form 4 reflects a routine insider transaction related to dividend distribution, a common practice across publicly traded companies, particularly for directors and executives who often receive equity-based compensation or participate in dividend reinvestment plans.

Stakeholder Impact

• Shareholders: The director's increased stake aligns her interests further with shareholders.

Next Steps

• The acquired restricted stock and deferred restricted stock units will vest and settle on the same schedule as their underlying awards.

Key Dates

Keywords

Kohl's, KSS, Form 4, Insider Trading, Director, Stock Award, Dividend Reinvestment, Yael Cosset, Beneficial Ownership