Form 4: Kontoor Brands VP Susan Sumner Reports Stock Transaction
SEC Form 4 Filing
Susan Sumner, VP & Chief Accounting Officer of Kontoor Brands, reports a transaction involving the withholding of shares to cover tax obligations on settled restricted stock units.
Summary
- On September 23, 2024, Susan Denise Sumner, VP & Chief Accounting Officer of Kontoor Brands, Inc. [KTB], reported a transaction.
- The transaction involved the withholding of 91 shares of common stock to satisfy tax obligations related to settled restricted stock units.
- The price per share for the transaction was $78.09.
- Following the transaction, Sumner directly owns 9,882.467 shares of Kontoor Brands common stock, including restricted stock units.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Key Dates
| Date | Description |
|---|---|
| 09/23/2024 | Date of stock transaction |
| 09/24/2024 | Date of signature for the report |
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