Raymond Christie 4

What Happened Raymond Christie, Senior EVP and Chief Marketing Officer of Kohl's (KSS), received 1,418 shares on 2026-03-27 as an award/issuance tied to vested restricted stock units (RSUs). On the same date, 2,446 shares were surrendered/disposed to satisfy tax withholding obligations at $12.92 per share, generating proceeds of $31,602. The issuance is recorded as an acquisition (code A) and the withholding as a disposition for taxes (code F).

Key Details

• Transaction date: 2026-03-27; Form 4 filed 2026-03-30 (timely filing).
• Award/acquisition: 1,418 shares (code A); price N/A. Footnote F1: these represent dividend equivalent shares on vested RSUs.
• Disposal for taxes: 2,446 shares (code F) at $12.92/share — total $31,602. Footnote F2: shares were used to satisfy tax withholding on vested RSUs and corresponding dividend equivalents.
• Shares owned after transaction: total holdings not fully specified in the provided data; filing notes 128,984 unvested RSUs are included in reported holdings (footnote F3).
• No indication of a 10b5-1 plan or option exercise in this filing.

Context This filing reflects routine RSU vesting and associated tax withholding rather than an open-market buy or sale expressing investment intent. The 1,418-share item is an issuance (dividend equivalents tied to RSUs), while the 2,446-share disposition is a common cashless-type action where shares are surrendered to cover taxes. Such withholding transactions are standard practice and should not be interpreted alone as a bullish or bearish signal.