Form 4: Kontoor Brands EVP Jennifer H. Broyles Reports Changes in Beneficial Ownership

Jennifer H. Broyles, EVP, Global Brands President at 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, Jennifer H. Broyles, EVP, Global Brands President of Kontoor Brands, Inc., reported changes in her beneficial ownership of the company's common stock.
• These changes involve the disposal of shares to satisfy tax withholding obligations on settled restricted stock units, with prices at $64.14 per share.
• Broyles also acquired 777 and 4,203 shares of common stock.
• Following these transactions, Broyles directly owns 42,757.548 shares of Kontoor Brands, Inc. common stock, including restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects standard executive compensation practices and tax obligations.

Positives

• The acquisition of 4,980 shares indicates a continued investment and confidence in Kontoor Brands.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, primarily reflecting internal compensation adjustments.

Key Dates

Keywords

Beneficial Ownership, Kontoor Brands, Jennifer H. Broyles, Form 4, KTB, Restricted Stock Units, Tax Withholding