Timm Jill 4

What Happened

• Jill Timm, Chief Financial Officer of Kohl's Corporation, had restricted stock units vest on 2026-03-28, resulting in the issuance of 814 shares (award/acquisition). To satisfy tax withholding obligations related to the vesting (cashless/tax withholding), 1,075 shares were surrendered/withheld at an attributed value of $12.46 per share, totaling $13,395. The Form 4 was filed on 2026-03-31 reporting the 2026-03-28 transactions.

Key Details

• Transaction dates: 2026-03-28 (vesting and withholding); Form 4 filed 2026-03-31.
• Award: 814 shares issued as vested restricted stock units (transaction code A).
• Withholding: 1,075 shares withheld/disposed to satisfy tax liability at $12.46/share = $13,395 (transaction code F).
• Footnotes: F1 — additional shares represent dividend equivalent amounts on vested RSUs; F2 — shares used to satisfy tax withholding upon vesting; F3 — reporting includes 137,351 unvested restricted stock units.
• Filing status: No late-filing indicator noted on the Form 4.

Context

• This was a routine equity compensation event (RSU vesting) with shares withheld to cover tax obligations — not an open-market sale or purchase. Such withholdings are common and reflect payroll/tax treatment of awards rather than a management decision to sell for investment reasons.