Form 4: Kontoor Brands EVP Joseph Alkire Reports Stock Transactions

EVP and Chief Financial Officer of Kontoor Brands, Joseph Alkire, reports the acquisition and disposal of company stock to satisfy tax obligations and settle restricted stock units.

Summary

• On April 1, 2025, Joseph Alkire, EVP & Chief Financial Officer of Kontoor Brands, engaged in transactions involving the company's common stock.
• Alkire disposed of 1,218 shares to satisfy tax withholding obligations at a price of $64.14 per share.
• He also acquired 7,991 shares of common stock at a price of $0.
• Following these transactions, Alkire beneficially owns 31,819.791 shares of Kontoor Brands common stock, including restricted stock units.

Sentiment

Score: 5

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

Industry Context

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

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations.

Key Dates

Keywords

Form 4, Kontoor Brands, KTB, Joseph Alkire, Stock Transaction, Beneficial Ownership, EVP, Chief Financial Officer, Restricted Stock Units