Kent Jennifer J. 4

What Happened Jennifer J. Kent, Senior EVP, CLO & Corporate Secretary of Kohl's (KSS), received 20,799 shares on March 19, 2026 in settlement of performance share units (awarded at $0.00 per share). To satisfy tax withholding on that award, 6,656 shares were withheld/disposed at $12.03 per share for a withholding value of $80,072. The acquisition was an award (not an open-market purchase); the withheld shares reflect a routine tax-related disposition.

Key Details

• Transaction dates: March 19, 2026 (reported on Form 4 filed March 20, 2026 — timely filing).
• Award: 20,799 shares acquired at $0.00 (settlement of performance share units) (Footnote F1).
• Tax withholding/disposition: 6,656 shares disposed/withheld at $12.03 each, total $80,072 (Footnote F2).
• Shares owned after transaction: Filing notes include 102,793 unvested restricted stock units as part of reported holdings (Footnote F3). (Total beneficial ownership number not provided here.)
• No purchase or open-market sale; this was a compensation settlement and related tax withholding.

Context This was a routine equity award settlement of performance share units with a corresponding share withholding to cover tax obligations, not a market sale signaling a trading decision. For retail investors, award settlements and tax-withholdings are common executive compensation mechanics and do not necessarily indicate insider buying or selling intent.