Raymond Christie 4

What Happened Raymond Christie, Senior Executive Vice President & Chief Marketing Officer of Kohl's (KSS), was issued awards totaling 588 shares on April 1, 2026 (202 shares and 386 shares). To satisfy tax withholding obligations, 191 shares were surrendered (65 and 126 shares) at a withholding price of $12.90 per share, producing withholding amounts of $839 and $1,625 (total ≈ $2,464). This was an issuance/settlement of awards, not an open-market sale or purchase.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
• Shares acquired (awards): 202 + 386 = 588 shares (codes A).
• Shares disposed for tax withholding: 65 + 126 = 191 shares (code F) at $12.90/share; total withheld ≈ $2,464.
• Net increase in shares from these entries: 588 − 191 = 397 shares.
• Shares owned after transaction: not specified in the provided excerpt; filing notes include 152,651 unvested restricted stock units (see footnote F5).
• Notable footnotes:
  • F1/F3: Additional shares issued in settlement of performance share units and as dividend equivalents tied to RSUs.
  • F2/F4: Shares surrendered to satisfy tax withholding obligations (cashless share withholding).
  • F5: Filing indicates 152,651 unvested restricted stock units included in holdings.

Context These entries reflect equity awards and the routine withholding of shares to cover taxes when awards/units vest or are settled. The disposals were not open-market sales but internal withholding (code F), so they do not necessarily indicate insider sentiment about the stock. The awards included settlement of performance share units and dividend-equivalent amounts, per the footnotes.