Form 4: Kohl's Interim CEO Michael Bender Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Interim CEO of Kohl's, Michael Bender, reports the disposal of 5,271 shares of common stock to cover tax obligations related to vesting restricted stock.
Summary
- Michael Bender, Interim CEO of Kohl's, filed a Form 4 with the SEC on May 16, 2025.
- The filing reports a transaction on May 14, 2025, where 5,271 shares of Kohl's common stock were disposed of at a price of $8.06 per share.
- This disposal was to satisfy tax withholding obligations upon the vesting of restricted stock under the company's Long-Term Compensation Plan.
- Following the transaction, Bender beneficially owns 35,313 shares of Kohl's common stock directly.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
Executive stock transactions are common and often related to compensation plans and tax obligations. This transaction appears routine and doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of stock disposal transaction. |
| 05/16/2025 | Date of SEC Form 4 filing. |
Keywords
Form 4, SEC Filing, Kohl's, Michael Bender, Stock Disposal, Tax Obligations, Restricted Stock, Long-Term Compensation Plan
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