SCHLIFSKE JOHN E. 4
Research Summary
AI-generated summary
Kohl's Director John Schlifske Receives 425-Share Award
What Happened
John E. Schlifske, a director of Kohl's Corporation (KSS), was awarded 425 shares of restricted stock on April 1, 2026 (transaction code A). The filing lists no acquisition price (N/A). These shares were issued in lieu of the company's $0.125 per-share dividend and are grants of restricted stock rather than open-market purchases or sales.
Key Details
- Transaction date: April 1, 2026. Form 4 filed April 3, 2026 (timely).
- Transaction type: Award/grant (code A); 425 restricted shares acquired; price = N/A.
- Footnote F1: These shares were awarded in lieu of the $0.125 per-share dividend and vest on the same schedule as the underlying restricted stock.
- Footnote F2: The reported ownership includes 44,188 unvested restricted shares. (Total beneficial ownership following this transaction is not specified in the provided data.)
- No indication of a 10b5-1 plan, sale, or tax-withholding event in the provided excerpts.
Context
This was a dividend-equivalent award of restricted stock — a routine corporate action that substitutes shares for a small cash dividend. Such awards are administrative and do not necessarily signal insider buying or selling intent; purchases (actual cash buys) tend to be more informative about insider sentiment.