Form 4: Kontoor Brands Executive Peter Kidd Reports Stock Transaction
SEC Form 4 Filing
EVP and CHRO of Kontoor Brands, Peter A. Kidd, reports disposition of shares to cover tax obligations related to settled restricted stock units.
Summary
- Peter A. Kidd, EVP and CHRO of Kontoor Brands, Inc., filed a Form 4 on March 24, 2025, reporting a transaction.
- On March 21, 2025, 286 shares of common stock were disposed of to satisfy tax withholding obligations.
- The price per share for the transaction was $62.5.
- Following the transaction, Kidd beneficially owns 15,825.954 shares of Kontoor Brands common stock, including restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of stock transaction (disposal of shares). |
| 03/24/2025 | Date of Form 4 filing. |
Keywords
Form 4, Kontoor Brands, Peter Kidd, Stock Transaction, Executive Compensation, Beneficial Ownership, KTB
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