Timm Jill 4

What Happened
Jill Timm, Chief Financial Officer of Kohl's (KSS), was issued a total of 919 shares on April 1, 2026 (314 shares and 605 shares reported as awards). To satisfy tax withholding obligations connected with those issuances, 435 shares were withheld (148 shares and 287 shares) and disposed of at $12.90 per share for total withholding proceeds of $5,611. These were awards/dividend-equivalent issuances rather than open-market purchases or option exercises.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely).
• Awards: 314 shares (code A, footnote F1) and 605 shares (code A, footnote F3); acquisition price shown as N/A (awarded shares).
• Withholding/disposals: 148 shares at $12.90 = $1,909 (code F, footnote F2) and 287 shares at $12.90 = $3,702 (code F, footnote F4); combined withheld value $5,611.
• Shares owned after the transactions: Form notes holdings include 191,665 unvested restricted stock units (footnote F5).
• Footnotes explain these were issuances in respect of performance share units and RSU dividend equivalents and that the disposals represent shares used to satisfy tax withholding.

Context
These transactions are non-cash compensation-related events (award of shares and automatic withholding for taxes), not open-market buys or discretionary sales. Such filings commonly reflect routine settlement and tax-withholding of equity awards and do not by themselves indicate a change in the insider's investment sentiment.