[Form 4] KOHLS Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl's Chief Merchandising Officer Nicholas D. G. Jones reported equity compensation activity in company stock. On March 30, he received a grant of 75,410 time-vested restricted stock units under the long-term incentive program, vesting in three equal annual installments.
On March 31, he acquired an additional 1,078 shares representing dividend equivalents on vested restricted stock units. Also on March 31, 13,594 shares were withheld to satisfy tax obligations upon vesting of restricted stock units and related dividend equivalents at $12.20 per share. After these transactions, he directly holds 252,548 shares, including 174,811 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jones Nicholas D. G.
Role
Chief Merchandising Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,078 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,594 | $12.20 | $166K |
| Grant/Award | Common Stock | 75,410 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 266,142 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. 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 174,811 unvested restricted stock units.
Key Figures
Annual RSU grant: 75,410 units
Dividend-equivalent shares: 1,078 shares
Tax withholding shares: 13,594 shares
+3 more
6 metrics
Annual RSU grant
75,410 units
Time-vested restricted stock units granted on March 30
Dividend-equivalent shares
1,078 shares
Additional shares issued March 31 on vested RSUs
Tax withholding shares
13,594 shares
Shares withheld for taxes at $12.20 per share on March 31
Tax withholding price
$12.20/share
Value used for tax-withholding disposition of 13,594 shares
Shares after transactions
252,548 shares
Common stock directly owned following reported transactions
Unvested RSUs
174,811 units
Unvested restricted stock units included in post-transaction holdings
Key Terms
restricted stock units, dividend equivalent amount, tax withholding obligations, Long-Term Compensation Plan
4 terms
restricted stock units financial
"Annual award pursuant to the Company's long-term incentive program. 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.
dividend equivalent amount financial
"Issuance of additional shares representing dividend equivalent amount on vested restricted stock units"
tax withholding obligations financial
"Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock units"
Long-Term Compensation Plan financial
"tax withholding obligations upon vesting of restricted stock units and corresponding dividend equivalent amounts under the Company's Long-Term Compensation Plan"