Floyd H. Charles 4

What Happened
Floyd H. Charles, a director of Kohl's Corporation (KSS), was granted 11,876 deferred restricted stock units (RSUs) on May 20, 2026. The filing lists the award as an "A" (award/grant); no purchase price or immediate cash value is reported. These RSUs are unvested as of the filing.

Key Details

• Transaction date: 2026-05-20 (Form 4 filed 2026-05-21). Filing appears timely.
• Transaction type/code: Award/Grant (A). Price: N/A (deferred RSU grant).
• Amount granted: 11,876 deferred restricted stock units (all unvested per footnote).
• Vesting/settlement: Units vest in full on the earlier of (1) the first anniversary of the grant or (2) the date of the next year's annual meeting; they will be settled in shares upon the reporting person's termination of service as a director (see footnotes).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax-withholding sale, or sale/ purchase reported in this filing.

Context
This is a compensation award to a board member, not an open-market purchase or sale. Deferred RSUs are commonly used for director compensation; they do not represent immediate cash proceeds or an immediate change in share ownership until vested/settled. Such grants are routine and should not be interpreted alone as a buy or sell signal.