Kohl's (KSS) CTO Steven Dee awarded 49,180 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DEE STEVEN E. reported acquisition or exercise transactions in this Form 4 filing.
Kohl's Corp Chief Technology Officer Steven E. Dee received an equity award of 49,180 shares of Common Stock on a restricted basis as compensation. The award was granted at no cash purchase price and is part of the company’s long-term incentive program.
These time-vested restricted stock units vest in three equal annual installments on the first, second, and third anniversaries of the grant date, encouraging longer-term retention. Following this grant, Dee holds 67,872 unvested restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEE STEVEN E.
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 49,180 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 67,872 shares (Direct)
Footnotes (1)
- Annual award pursuant to the Company's long-term incentive program. These time-vested restricted stock units vest in three equal annual installments on the first through third anniversaries of the grant date. Includes 67,872 unvested restricted stock units.
Key Figures
RSUs granted: 49,180 shares
Price per share: $0.0000 per share
Unvested RSUs after grant: 67,872 shares
+1 more
4 metrics
RSUs granted
49,180 shares
Time-vested restricted stock units granted to CTO Steven E. Dee
Price per share
$0.0000 per share
Grant of restricted stock units as compensation, not purchased
Unvested RSUs after grant
67,872 shares
Total unvested restricted stock units held directly after transaction
Vesting schedule
3 equal annual installments
First through third anniversaries of the grant date
Key Terms
restricted stock units, long-term incentive program, time-vested, grant, award, or other acquisition
4 terms
restricted stock units financial
"These time-vested restricted stock units vest in three equal annual installments"
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.
long-term incentive program financial
"Annual award pursuant to the Company's long-term incentive program"
time-vested financial
"These time-vested restricted stock units vest in three equal annual installments"
Time-vested describes a right—such as stock options, restricted shares, or pension benefits—that becomes fully owned by an individual only after they have waited for or worked through a specified period. For investors, it matters because these delayed ownership rules affect when insiders or employees can sell shares, which influences share supply, executive incentives, and the timing of potential stock dilution or insider-driven stock sales.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Kohl's (KSS) report for Steven E. Dee?
Kohl's reported that Chief Technology Officer Steven E. Dee received a grant of 49,180 restricted stock units of Common Stock. The award was given at no cash purchase price as part of the company’s long-term incentive compensation program.
Is the Steven E. Dee Form 4 transaction in Kohl's (KSS) an open-market buy or sale?
The transaction is not an open-market buy or sale. It is a grant of restricted stock units awarded as compensation under Kohl’s long-term incentive program, recorded with transaction code “A” for a grant, award, or other acquisition.
How many Kohl's (KSS) restricted stock units does Steven E. Dee hold after the award?
After the reported grant, Steven E. Dee holds 67,872 unvested restricted stock units. This figure includes the new 49,180-unit award and represents his total unvested RSU position reported as directly owned following the transaction.
What is the vesting schedule for Steven E. Dee’s new Kohl's (KSS) restricted stock units?
The 49,180 restricted stock units vest in three equal annual installments. They vest on the first, second, and third anniversaries of the grant date, meaning the award converts into shares of Common Stock gradually over three years.