Form 4: Kontoor Brands EVP and COO Thomas Waldron Reports Changes in Beneficial Ownership

Thomas Waldron, EVP and COO of Kontoor Brands, reports changes in beneficial ownership of common stock due to tax withholding and the acquisition of restricted stock units.

Summary

• On April 1, 2025, Thomas E. Waldron, EVP and COO of Kontoor Brands, reported changes in his beneficial ownership of the company's common stock.
• These changes involve the withholding of shares to cover tax obligations related to settled restricted stock units.
• Specifically, 2,381 shares, 2,081 shares and 2,732 shares were withheld at a price of $64.14 per share to satisfy tax obligations.
• Waldron also acquired 16,278 shares of common stock with a value of $0.
• Following these transactions, Waldron directly owns 152,071.01 shares of Kontoor Brands common stock, which includes restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral filing reflecting routine stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of 16,278 shares indicates a continued investment in the company by a key executive.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in ownership by a key executive at Kontoor Brands.

Stakeholder Impact

• Shareholders are informed about changes in ownership by company executives, providing transparency.

Key Dates

Keywords

beneficial ownership, Form 4, Kontoor Brands, Thomas Waldron, restricted stock units, tax withholding, KTB, EVP, COO