Raymond Christie 4

What Happened

Raymond Christie, Senior EVP and Chief Marketing Officer of Kohl's (KSS), received 341 shares on 2026-03-28 as dividend-equivalent shares related to vested restricted stock units (RSUs). On the same date, 450 shares were surrendered/withheld to satisfy tax withholding obligations at $12.46 per share, a withholding value of $5,607. Net for the report date: a decrease of 109 shares (341 acquired, 450 withheld). These transactions are RSU vesting/tax-withholding actions, not open-market purchases or sales.

Key Details

• Transaction date: 2026-03-28; Form 4 filed: 2026-03-31 (timely).
• Award/Acquisition (code A): 341 shares issued as dividend-equivalent amounts on vested RSUs (Footnote F1).
• Tax withholding (code F): 450 shares withheld/used to satisfy tax obligations at $12.46/share = $5,607 (Footnote F2).
• Net change: -109 shares for the reporting date.
• Shares owned after the transaction: not specified in the provided data; filing notes include 127,921 unvested RSUs in total holdings (Footnote F3).
• Filing appears timely (within the Form 4 reporting window); no 10b5-1 or late-filing flags noted.

Context

These entries reflect routine RSU vesting and the company’s share-withholding to cover taxes—not an open-market sale or purchase. For retail investors, tax-withholding disposals are administrative and typically do not indicate the insider’s market view. Transaction codes: A = award/acquisition; F = shares used for tax withholding.