SCHLIFSKE JOHN E. 4
Research Summary
AI-generated summary
Kohl's (KSS) Director John Schlifske Receives 187-Share Award
What Happened
- John E. Schlifske, a director of Kohl's Corporation (KSS), was awarded 187 shares of restricted stock on June 24, 2026. The shares were granted as an award in lieu of a $0.125 per-share cash dividend; no per-share purchase price is reported (N/A). These awarded shares vest on the same schedule as the underlying restricted stock.
Key Details
- Transaction date: 2026-06-24; Form 4 filed: 2026-06-25 (timely; Form 4s are due within two business days).
- Transaction type: A (award/grant) — not an open-market buy or sale.
- Shares reported acquired: 187 restricted shares; price: N/A (dividend-equivalent issuance).
- Shares owned after transaction: the filing does not state a total holdings figure in the summary provided here; the filing notes that 28,443 unvested restricted shares are included in reported holdings (footnote F2).
- Footnotes: F1 — award of additional restricted stock in lieu of $0.125 per-share dividend payable June 24, 2026; these shares vest per the underlying restricted-stock schedule. F2 — includes 28,443 unvested restricted shares.
- No 10b5-1 plan, tax-withholding sale, or cashless exercise is indicated in this award transaction.
Context
- This was a dividend-equivalent restricted-stock award (common when companies offer stock in place of small cash dividends) rather than a market purchase or sale — it doesn't signal an active insider buy or sell decision.
- Restricted shares are subject to vesting, so they are not immediately liquid; that reduces their near-term impact on insider sentiment.