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 the acquisition and disposal of company stock on April 1, 2024.
Summary
- On April 1, 2024, Peter A. Kidd, EVP and CHRO of Kontoor Brands, engaged in stock transactions.
- 190 shares of common stock were disposed of to cover tax obligations at a price of $60.27 per share.
- 3,779 shares of common stock were acquired at $0.
- Following these transactions, Kidd beneficially owns 16,394.691 shares of Kontoor Brands, Inc.
- These holdings include restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive stock activity.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock transactions: disposal of 190 shares for tax obligations and acquisition of 3,779 shares. |
| 04/02/2024 | Date of report signature. |
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