Form 4: Kontoor Brands Executive Thomas Doerr Jr. Reports Stock Transactions
SEC Form 4 Filing
EVP, GC, & Secretary of Kontoor Brands, Thomas Doerr Jr., reports acquisition and disposal of common stock related to tax obligations and restricted stock units.
Summary
- On April 1, 2025, Thomas L. Doerr Jr., EVP, GC, & Secretary of Kontoor Brands, Inc., reported transactions involving the company's common stock.
- Doerr disposed of 788 shares and 678 shares at a price of $64.14 to cover tax withholding obligations on settled restricted stock units.
- He also acquired 3,670 shares of common stock.
- Following these transactions, Doerr beneficially owns 26,188.111 shares of Kontoor Brands common stock, including restricted stock units.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving restricted stock units and tax obligation fulfillment.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock transactions (disposal and acquisition). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Kontoor Brands, Thomas Doerr Jr., Stock Transactions, Form 4, Beneficial Ownership, Restricted Stock Units, Tax Withholding
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