Form 4: Kontoor Brands Director Robert Lynch Reports Acquisition of Phantom Stock Units

Director Robert Lynch reports acquiring phantom stock units in Kontoor Brands through a deferred savings plan.

Summary

• Robert Lynch, a director of Kontoor Brands, Inc., filed a Form 4 disclosing a transaction on March 28, 2025.
• The transaction involved the acquisition of 330.1586 phantom stock units (PSUs) under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan.
• These PSUs are to be settled in cash upon the reporting person's retirement.
• The PSUs were acquired by deferring $64.3630 of fees per PSU.
• Following the reported transaction, Lynch beneficially owns 7,280.2751 phantom stock units.
• The reporting person has direct ownership of the phantom stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The phantom stock units will be settled in cash upon the reporting person's retirement.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the compensation and holdings of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves deferred compensation for a director.

Key Dates

Keywords

Form 4, Kontoor Brands, Robert Lynch, Phantom Stock Units, Deferred Savings Plan, Director, KTB