Kohl’s (KSS) senior exec logs RSU dividend share grant and tax withholding
Rhea-AI Filing Summary
Kohl’s Corporation senior executive Mari Steinmetz reported routine equity compensation activity. She acquired 662 shares of Kohl’s common stock at no cost as additional shares credited for dividend equivalents on previously vested restricted stock units.
On the same date, 1,142 shares of common stock were disposed of to cover tax withholding obligations triggered by the vesting of restricted stock units and related dividend equivalents under the company’s Long-Term Compensation Plan, not through an open-market sale. After these transactions, she directly held 217,263 shares of common stock, including 198,539 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insights
Routine RSU-related grant and tax withholding; no open-market trades.
Mari Steinmetz, a senior executive at Kohl’s Corporation, received 662 common shares as dividend-equivalent credits on vested restricted stock units. This is a non-cash, compensation-related acquisition, consistent with common equity incentive practices for senior management.
Separately, 1,142 shares were surrendered to satisfy tax withholding obligations upon RSU vesting and related dividend equivalents. This F-code disposition is not an open-market sale and carries little informational value about her view of the stock. She continues to hold 217,263 shares, including 198,539 unvested RSUs, indicating a substantial ongoing equity stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 662 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,142 | $12.92 | $15K |
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 198,539 unvested restricted stock units.