Raymond Christie 4

What Happened

• Raymond Christie, Senior EVP and Chief Marketing Officer of Kohl's (KSS), received awards of restricted stock units (RSUs) — 49,180 RSUs on 2026-03-30 and 703 RSUs on 2026-03-31 (49,883 total). On 2026-03-31 he had 8,049 shares disposed (surrendered) at an implied withholding value of $12.20 per share, totaling $98,198 to satisfy tax obligations related to vesting.

Key Details

• Transaction types: A = grant/award of RSUs; F = shares surrendered/withheld for tax payment.
• Dates and amounts:
  • 2026-03-30: Award of 49,180 RSUs (time‑vested).
  • 2026-03-31: Award of 703 RSUs (dividend equivalent issuance noted).
  • 2026-03-31: 8,049 shares withheld/surrendered at $12.20/share = $98,198 (tax withholding).
• Shares owned after transaction: filing discloses 152,651 unvested RSUs remain (per footnote).
• Notable footnotes:
  • F1: RSUs are time‑vested and vest in three equal annual installments starting on the first anniversary.
  • F2: Some shares represent dividend equivalents on vested RSUs.
  • F3: The 8,049 shares were used to satisfy tax withholding obligations upon vesting.
• Filing timeliness: Form filed 2026-04-01 for transactions through 2026-03-31; the report does not indicate a late filing.

Context

• These transactions are compensation-related (RSU grants and share withholding to cover taxes), not open-market purchases or discretionary insider sales. The surrender of shares for taxes is routine and common when RSUs vest; it does not by itself signal a buy/sell decision about the company's stock.