Kohl’s (KSS) CMO reports RSU dividend shares and tax withholding on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl’s Corp senior executive Raymond Christie reported routine equity compensation activity. He received 1,418 shares of Kohl’s common stock on March 27, 2026 as additional shares representing dividend-equivalent amounts on vested restricted stock units, with no cash paid per share.
On the same date, 2,446 shares were withheld at $12.92 per share to cover tax obligations tied to vesting of restricted stock units and related dividend equivalents under the company’s Long-Term Compensation Plan. After these entries, Christie directly owned 238,321 shares of Kohl’s common stock, including 128,984 unvested restricted stock units, reflecting ongoing long-term incentive alignment rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Raymond Christie
Role
Sr. EVP, Chief Marketing Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,418 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,446 | $12.92 | $32K |
Holdings After Transaction:
Common Stock — 240,767 shares (Direct)
Footnotes (1)
- Issuance of additional shares representing dividend equivalent amount on vested restricted stock units. Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock units and corresponding dividend equivalent amounts under the Company's Long-Term Compensation Plan. Includes 128,984 unvested restricted stock units.
FAQ
What insider transactions did KOHLS Corp (KSS) report for Raymond Christie?
Raymond Christie reported a grant of 1,418 Kohl’s common shares and a withholding of 2,446 shares for taxes. These entries reflect routine restricted stock unit vesting and related tax settlement, not open-market buying or selling of KSS shares.
Was the Kohl’s (KSS) Form 4 transaction an open-market buy or sell?
The Form 4 shows no open-market buy or sell. Shares were issued as equity compensation and some were withheld to cover tax obligations from restricted stock unit vesting, a standard, non-discretionary administrative process for executive equity awards.
What does the dividend equivalent amount mean in the Kohl’s (KSS) Form 4 filing?
The dividend equivalent amount represents additional shares issued to mirror dividends on previously granted restricted stock units. Instead of paying cash, Kohl’s granted 1,418 extra shares to Raymond Christie, aligning RSU holders with common shareholders’ dividend experience.