Hand Fred 4

What Happened Hand Fred, Senior Executive Vice President and Director of Stores at Kohl's (KSS), received an award related to vested restricted stock units (990 shares issued as dividend equivalents) on 2026-03-25. To satisfy tax withholding obligations tied to the vesting of restricted stock units and corresponding dividend equivalents, 2,081 shares were surrendered/disposed at $12.35 per share, representing $25,700 in withholding. This was not an open-market sale but a routine tax-withholding transaction tied to compensation.

Key Details

• Transaction date(s): 2026-03-25; Form filed 2026-03-26 (timely).
• Award/Acquisition: 990 shares issued (reported as acquisition; no per-share price reported for the award).
• Tax withholding (disposition): 2,081 shares at $12.35 per share; total reported value $25,700.
• Shares owned after transaction: Not reported in the provided data.
• Relevant footnotes:
  • F1: 990 shares issued as dividend equivalents on vested RSUs.
  • F2: 2,081 shares surrendered to satisfy tax withholding on vested RSUs and dividend equivalents.
  • F3: Insider’s holdings include 145,772 unvested restricted stock units.
• Transaction codes: A = Award/Grant; F = Tax withholding (not a market sale).

Context These transactions reflect routine compensation mechanics — RSUs vesting and the company issuing dividend-equivalent shares while using a portion of shares to cover tax obligations. This is not an indicator of an open-market sale or new purchase; it’s a non-dispositive, administrative transfer related to equity compensation.