Raymond Christie 4
Research Summary
AI-generated summary
Kohl's (KSS) Raymond Christie Receives RSU Award; Sells 6,007 Shares
What Happened
- Raymond Christie, Senior EVP and Chief Marketing Officer of Kohl's (KSS), received 2,240 shares on 2026-06-15 as dividend equivalents on vested restricted stock units (reported as an acquisition). On the same date, 6,007 shares were surrendered/withheld to satisfy tax withholding obligations at an implied price of $18.06 per share, resulting in $108,486 reported for the withholding (reported as a disposition).
Key Details
- Transaction dates: 2026-06-15 (reported on Form 4 filed 2026-06-16).
- Award (code A): 2,240 shares issued as dividend equivalents on vested RSUs. No dollar price shown for the award.
- Tax withholding (code F): 6,007 shares withheld at $18.06/share = $108,486.
- Shares owned after transaction: filing notes holdings include 142,111 unvested restricted stock units; the filing excerpt does not list a full total of beneficially owned shares.
- Footnotes: F1 = dividend-equivalent shares issued on vested RSUs; F2 = shares used to satisfy tax withholding upon vesting; F3 = includes 142,111 unvested RSUs.
- Timeliness: Form 4 was filed the day after the transactions (6/16/2026); no late-filing flag reported in the provided information.
Context
- This was not an open-market purchase or a market sale—Christie received vested RSU-related shares and had shares withheld to cover taxes (a common, administrative disposition). Such withholding is a routine payroll/tax event and does not necessarily indicate a change in insider sentiment.