KSS.NYSEKohls CORP

Form 4: Kohl's Interim CEO Michael Bender Reports Acquisition of 441,005 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Interim CEO of Kohl's, Michael J. Bender, reports acquiring 441,005 shares of common stock through an award of restricted stock units.

Summary

  • On May 16, 2025, Michael J. Bender, Interim CEO of Kohl's, acquired 441,005 shares of Kohl's common stock.
  • This acquisition was made through an award of restricted stock units under the Company's Long-Term Compensation Plan.
  • These restricted stock units vest on the first anniversary of the grant date, subject to the terms of Mr. Bender's restricted stock unit agreement.
  • Following the transaction, Mr. Bender beneficially owns 476,318 shares of Kohl's common stock, including 441,005 unvested restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment.

Positives

  • The acquisition of shares by the Interim CEO could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units vest on the first anniversary of the grant date, subject to the terms set forth in Mr. Bender's restricted stock unit agreement.

Industry Context

Form 4 filings are standard practice for company insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

  • The acquisition of shares by the Interim CEO may have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
05/16/2025Date of transaction: Michael Bender acquired 441,005 shares of common stock.
05/20/2025Date of report filing.

Keywords

Kohl's, Michael Bender, Interim CEO, Form 4, Beneficial Ownership, Restricted Stock Units, KSS

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