Form 4: Kontoor Brands Exec Sells Shares for Tax Obligations
Insider Transaction Report
Jennifer H. Broyles, EVP, Global Brands President at Kontoor Brands, Inc., reported the sale of 981 shares of common stock to cover tax withholding obligations on settled restricted stock units.
Summary
- Jennifer H. Broyles, EVP, Global Brands President of Kontoor Brands, Inc. (KTB), reported transactions involving common stock.
- A total of 981 shares were disposed of on December 19, 2025.
- The shares were sold at a price of $63.4 per share.
- The disposition was to satisfy tax withholding obligations on settled restricted stock units.
- Following these transactions, Ms. Broyles beneficially owns 40,424.536 shares of common stock, which includes restricted stock units.
- The transactions were made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: This is a neutral, routine transaction for tax purposes related to executive compensation, with no direct positive or negative implications for the company's operational performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, non-discretionary transaction related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/19/2025 | Date of earliest transaction (shares disposed for tax withholding) |
| 12/22/2025 | Date of filing of the Statement of Changes in Beneficial Ownership |
Keywords
Kontoor Brands, KTB, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation, Jennifer H. Broyles
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