Hand Fred 4

What Happened

• Fred Hand, Senior EVP and Director of Stores at Kohl's (KSS), was issued a total of 526 shares as awards on April 1, 2026 (117 shares and 409 shares in two issuances). On the same date, 130 shares (29 and 101) were surrendered to satisfy tax withholding obligations—reported as dispositions at $12.90 per share (total withholding ~$1,677). These were issuance-related transactions (award grants and tax withholding), not open-market sales or purchases. The filing notes Mr. Hand retired effective April 3, 2026.

Key Details

• Transaction date: April 1, 2026 (Form 4 filed April 3, 2026 — appears timely)
• Awards received: 117 shares and 409 shares (total 526 shares)
• Shares surrendered for tax withholding: 29 shares ($374) and 101 shares ($1,303); combined withholding ≈ $1,677
• Price reported for withholding calculations: $12.90 per share
• Post-transaction holdings: filing notes inclusion of 113,172 unvested restricted stock units (RSUs); the excerpt does not list a full total of beneficially owned common shares
• Footnotes: awards include issuance of additional shares in respect of performance share units and dividend equivalents; surrendered shares were used to satisfy tax withholding obligations (routine withholding)
• No indication in the excerpt of a 10b5-1 plan or late filing

Context

• These transactions are award issuances and routine tax-withholding share surrenders (code A for award/grant and code F for tax withholding). This is not an open-market sale or a purchase signaling a change in sentiment—it's the company issuing shares tied to compensation and withholding shares to cover taxes.