Hand Fred 4

What Happened Fred Hand, Senior Executive Vice President and Director of Stores at Kohl's (KSS), received an award of 937 shares on 2026-03-31 related to vested restricted stock units (RSUs). Simultaneously, 8,167 shares were surrendered/withheld to satisfy tax withholding obligations at a reported value of $12.20 per share, totaling $99,637. These transactions are award/tax-withholding actions (codes A and F), not open-market purchases or sales.

Key Details

• Transaction date: 2026-03-31; Form 4 filed 2026-04-01 (appears timely).
• Award: 937 shares issued (additional shares representing dividend equivalents on vested RSUs — footnote F1).
• Tax withholding: 8,167 shares withheld at $12.20/share → $99,637 used to satisfy tax liabilities (footnote F2).
• Shares owned after transaction: total beneficial ownership not fully listed in the provided summary; filing notes include 113,172 unvested RSUs (footnote F3).
• Transaction types: A = Award/Grant; F = Shares withheld for taxes (not an open-market sale).

Context This was a standard RSU vesting event with shares issued and a portion surrendered to cover taxes (a common cashless withholding mechanism). Because shares were withheld for taxes rather than sold on the open market, this action should not be read as a directional buy/sell signal about the insider's market view. The filing documents the issuance and withholding; no 10b5-1 plan or gift transaction is indicated.