Arlin Wendy C. 4

What Happened

• Wendy C. Arlin, a director of Kohl's Corporation (KSS), was awarded two grants totaling 320 deferred restricted stock units (DRUs) on June 24, 2026 (108 and 212 units). The filing lists these as awards (transaction code A); no per‑share price or total dollar value is reported because these are dividend-equivalent units rather than a cash or open-market transaction.
• The DRUs were issued in lieu of a $0.125 per-share cash dividend payable June 24, 2026, and will vest/settle on the same schedule as the underlying deferred restricted stock units referenced in the filing.

Key Details

• Transaction date: June 24, 2026; Form 4 filed: June 25, 2026 (timely filing).
• Transaction type: Award/Grant (code A); units granted: 108 and 212 (total 320 DRUs); price: N/A; dollar value: not reported.
• Footnotes: F1/F2 confirm these are dividend-equivalent DRUs issued in lieu of the $0.125/share dividend and that they vest/settle on the same schedule as the underlying DRUs. F3 notes the reported position includes 16,488 unvested DRUs.
• Shares owned after the transaction: the filing does not disclose a total share count; it does state the beneficial ownership includes 16,488 unvested deferred restricted stock units.

Context

• These awards are dividend-equivalent deferred units, a common non-cash director compensation mechanism; they are not an open-market purchase or a sale and do not by themselves signal buying/selling intent.
• The DRUs will be settled in accordance with the vesting/settlement schedule of the underlying deferred restricted stock units, so no immediate change in common stock holdings was reported.