Kohl’s (NYSE: KSS) marketing chief logs RSU dividend and tax-withholding share moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl’s Corp senior executive Raymond Christie reported routine equity compensation activity. He acquired 341 shares of common stock on March 28, 2026 as additional shares representing dividend equivalents on vested restricted stock units. On the same date, 450 shares were disposed of at $12.46 per share to satisfy tax withholding obligations upon vesting, rather than through an open-market sale. After these transactions, he directly held 238,212 shares of common stock, including 127,921 unvested restricted stock units under the company’s Long-Term Compensation Plan.
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 | 341 | $0.00 | -- |
| Tax Withholding | Common Stock | 450 | $12.46 | $6K |
Holdings After Transaction:
Common Stock — 238,662 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 127,921 unvested restricted stock units.
Key Figures
Dividend equivalent shares granted: 341 shares
Shares withheld for taxes: 450 shares
Tax withholding price: $12.46 per share
+2 more
5 metrics
Dividend equivalent shares granted
341 shares
Common stock issued as dividend equivalents on vested RSUs on March 28, 2026
Shares withheld for taxes
450 shares
Common stock used to satisfy tax withholding on RSU vesting on March 28, 2026
Tax withholding price
$12.46 per share
Price applied to the 450-share tax withholding disposition
Shares held after transactions
238,212 shares
Direct holdings of Kohl’s common stock following March 28, 2026 activity
Unvested RSUs included
127,921 units
Unvested restricted stock units included within post-transaction holdings
Key Terms
dividend equivalent amount, restricted stock units, tax withholding obligations, Long-Term Compensation Plan
4 terms
dividend equivalent amount financial
"Issuance of additional shares representing dividend equivalent amount on vested restricted stock units."
restricted stock units financial
"Includes 127,921 unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock units"
Long-Term Compensation Plan financial
"under the Company's Long-Term Compensation Plan."
FAQ
What insider transactions did KOHLS Corp (KSS) executive Raymond Christie report?
Raymond Christie reported routine compensation-related transactions. He received 341 Kohl’s common shares as dividend equivalents on vested restricted stock units and had 450 shares withheld at $12.46 each to cover tax obligations tied to those vestings.
Were Raymond Christie’s KOHLS Corp (KSS) transactions open-market stock trades?
No, the transactions were not open-market trades. The 341 shares were issued as dividend equivalents on vested restricted stock units, while 450 shares were withheld to satisfy tax liabilities under Kohl’s Long-Term Compensation Plan.