Floyd H. Charles 4

What Happened
Floyd H. Charles, a director of Kohl's Corp (KSS), was granted 178 deferred restricted stock units (DRUs) on April 1, 2026. These units were issued in lieu of the company's $0.125-per-share dividend; no per-share price applies. The DRUs vest and will be settled on the same schedule as the underlying deferred restricted stock units.

Key Details

• Transaction date: 2026-04-01 (Form 4 filed 2026-04-03; accession 0000885639-26-000074). Filing appears timely.
• Transaction code: A (award/grant/acquisition). Price reported as N/A (units issued in lieu of dividend).
• Units received: 178 deferred restricted stock units.
• Holdings after transaction: reported holdings include 18,572 unvested deferred restricted stock units (footnote F2).
• Footnotes: F1 — units issued in lieu of the $0.125/share dividend payable Apr 1, 2026; vesting and settlement follow the underlying DRU schedule. F2 — confirms 18,572 unvested DRUs included in reported holdings.

Context
This was an award issued instead of cash dividends, not an open-market purchase or sale. Because the units are deferred and unvested, they are not immediately liquid and do not by themselves signal a buying or selling intent.