Steinmetz Mari 4
4 · KOHLS Corp · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Kohl's (KSS) Chief People Officer Receives Award, Sells 1,142 Shares
What Happened
Mari Steinmetz, Senior EVP and Chief People Officer at Kohl's (KSS), received an award of 662 shares (restricted stock units) that vested on March 27, 2026. At the same time, 1,142 shares were disposed of at $12.92 per share to satisfy tax withholding obligations, producing $14,755 in proceeds (disposition code F).
Key Details
- Transaction date: March 27, 2026 (reported on Form 4 filed March 30, 2026).
- Award: 662 shares issued as vested restricted stock units (code A). Footnote indicates these included dividend-equivalent shares on the vested RSUs (F1).
- Withholding/disposal: 1,142 shares were withheld/disposed at $12.92 per share to cover taxes (code F), totaling $14,755 (F2).
- Holdings note: filing indicates the insider has 198,539 unvested restricted stock units included in the reported holdings (F3).
- No 10b5-1 plan or late-filing note was provided in the supplied data.
Context
This filing reflects a routine vesting of RSUs and the common cashless withholding of shares to cover tax obligations — not a market sale intended to realize investment gains. Awards (RSUs) increase economic interest over time as they vest; share withholding to cover taxes is an administrative disposition and should not be interpreted as a directional bet on the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-27+662→ 218,405 total - Tax Payment
Common Stock
[F2][F3]2026-03-27$12.92/sh−1,142$14,755→ 217,263 total
Footnotes (3)
- [F1]Issuance of additional shares representing dividend equivalent amount on vested restricted stock units.
- [F2]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.
- [F3]Includes 198,539 unvested restricted stock units.