Bender Michael J 4

What Happened Michael J. Bender, Chief Executive Officer of Kohl's Corporation (KSS), was granted 311,475 restricted stock units (RSUs) on March 30, 2026. The filing reports no per-share price or cash paid (award/grant), so no immediate dollar value is provided. This grant is an equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-30; Form 4 filed 2026-04-01 (filing appears timely).
• Shares/units granted: 311,475 restricted stock units (award, code A); price reported as N/A.
• Shares owned after transaction: not specified in the filing summary provided.
• Footnote F1: These are annual awards under Kohl's long-term incentive program; the RSUs are time-vested and vest in three equal annual installments on the first through third anniversaries of the grant date.
• Footnote F2: The report notes "Includes 752,480 unvested restricted stock units" (this reflects unvested RSUs referenced in the filing).

Context RSU grants are standard executive compensation and do not involve a cash purchase or sale of shares at grant. Because these units vest over time, they provide retention incentives rather than an immediate market signal. For retail investors, purchases by insiders can be more telling than awards; awards are routine compensation but increase the insider's future stake if they vest.