Form 4: Kontoor Brands Executive Peter A. Kidd Reports Stock Transactions
SEC Form 4 Filing
EVP and CHRO of Kontoor Brands, Peter A. Kidd, reports acquisition and disposal of common stock related to performance share units.
Summary
- Peter A. Kidd, EVP and CHRO of Kontoor Brands, Inc., filed a Form 4 on February 26, 2025.
- The report details transactions involving Kontoor Brands common stock.
- On February 24, 2025, Kidd acquired 2,037.1 shares of common stock at $0, representing the settlement of performance share units for the performance period ending December 28, 2024.
- Following the reported transactions, Kidd beneficially owns 17,061.168 shares of common stock, including restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| December 28, 2024 | End of performance period for performance share units. |
| February 24, 2025 | Date of stock transaction (acquisition of shares). |
| February 26, 2025 | Date of Form 4 filing. |
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