Form 4: Kontoor Brands Executive Thomas Waldron Reports Stock Transactions
SEC Form 4 Filing
Thomas Waldron, EVP, Co-COO, GB Pres Wrangler at Kontoor Brands, reports acquisition and disposal of common stock related to performance share unit settlement.
Summary
- On February 26, 2024, Thomas E. Waldron, an executive at Kontoor Brands, Inc., reported transactions involving the company's common stock.
- Waldron acquired 15,201.353 shares of common stock related to the settlement of performance share units for the performance period ending December 30, 2023.
- Simultaneously, 6,723 shares were disposed of at a price of $63.1 to cover tax withholding obligations.
- Following these transactions, Waldron beneficially owns 126,186.107 shares of Kontoor Brands common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock transactions (acquisition and disposal). |
| 02/27/2024 | Date of signature for the report. |
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