Kohl's (NYSE: KSS) CFO granted shares, with portion withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl's Corp Chief Financial Officer Jill Timm reported a compensation-related stock transaction. She acquired 32,354 shares of common stock at $0.0000 per share as settlement of performance share units under the company’s long-term plan. Of these, 10,354 shares were withheld at $12.03 per share to cover tax obligations, a non-market disposition. After these entries, she directly holds 347,561 common shares, which the footnotes state include 157,175 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Timm Jill
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,354 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,354 | $12.03 | $125K |
Holdings After Transaction:
Common Stock — 357,915 shares (Direct)
Footnotes (1)
- Shares acquired in settlement of performance share units (which were not derivative securities) received under the Company's Long-Term Compensation Plan. Represents shares withheld by Issuer to satisfy tax withholding obligations on shares acquired on March 19, 2026 in settlement of performance share units reflected in Footnote 1. Includes 157,175 unvested restricted stock units.
FAQ
What insider transaction did Kohl's (KSS) CFO Jill Timm report?
Kohl's CFO Jill Timm reported a stock award tied to performance share units. She received 32,354 common shares for no cash cost, with 10,354 shares withheld by the company to satisfy tax obligations, resulting in a net increase in her direct shareholdings.
Were Jill Timm’s Kohl's (KSS) transactions open-market buys or sells?
The transactions were not open-market trades. She received shares as a grant related to performance share units, and a portion was disposed of only to cover tax withholding obligations, rather than being sold on the open market to other investors.
What is the nature of the stock award reported by Kohl's (KSS) CFO?
The award represents shares acquired upon settlement of performance share units granted under Kohl's Long-Term Compensation Plan. These units were not derivative securities, and the settlement delivered 32,354 common shares, of which a portion was withheld to meet associated tax liabilities.