Kent Jennifer J. 4

What Happened Jennifer J. Kent, Senior EVP, Chief Legal Officer & Corporate Secretary of Kohl's (KSS), received time‑vested restricted stock units (RSUs) and had shares withheld/sold to satisfy tax obligations. On 2026-03-30 she was granted 57,377 RSUs (award price N/A). On 2026-03-31 she received an additional 703 shares representing dividend equivalents (award price N/A). Also on 2026-03-31, 11,281 shares were disposed at $12.20 per share to satisfy tax withholding, generating proceeds of $137,628 (reported as a disposition under code F).

Key Details

• Transactions and dates:
  • 2026-03-30: Grant of 57,377 RSUs (award; code A).
  • 2026-03-31: Grant/issuance of 703 dividend-equivalent shares (code A).
  • 2026-03-31: 11,281 shares surrendered/disposed to satisfy tax withholding at $12.20 each (code F); total ~$137,628.
• Price: Awards show "N/A" (typical for RSUs); withholding shares sold at $12.20/share.
• Holdings note: Filing includes 123,831 unvested RSUs in reported holdings (per footnote).
• Vesting: The RSUs are time‑vested and vest in three equal annual installments (footnote).
• Filing timeliness: No late filing is indicated in the report.

Context These transactions reflect an annual long‑term incentive award (RSUs) and routine share withholding/sale to cover taxes upon vesting (a common administrative step, reported under code F). Awards do not represent a market purchase and vest over time; the sale was a tax-coverage action rather than an open-market investment decision.