Kohl's (KSS) CTO Steven Dee Receives Award, Surrenders 2,038 Shares

What Happened Steven E. Dee, Chief Technology Officer of Kohl's Corporation (KSS), received 139 shares on 2026-09-15 as dividend-equivalent shares tied to vested restricted stock units (RSUs). On the same date he surrendered/withheld 2,038 shares to satisfy tax withholding obligations at an implied value of $17.17 per share, totaling $34,992. These actions reflect RSU vesting and tax-withholding mechanics rather than an open-market sale or new purchase.

Key Details

• Transaction date: 2026-09-15; Form 4 filed 2026-09-16 (timely).
• Award: 139 shares issued as dividend equivalents on vested RSUs (price N/A). (Footnote F1)
• Withheld/Disposed: 2,038 shares withheld to cover taxes at $17.17/share, total $34,992. (Footnote F2)
• Ownership note: Filing indicates holdings include 61,642 unvested RSUs. (Footnote F3)
• Transaction codes: A = award/acquisition (139 shares); F = tax withholding/payment (2,038 shares).
• This withholding is routine tax settlement on vesting, not an open-market sale (no 10b5-1 or late-file flag reported).

Context These entries reflect routine RSU vesting and the company’s withholding of shares to satisfy tax liabilities. The award of 139 dividend-equivalent shares increases share count modestly, while the 2,038-share surrender is a non-investment-related disposition to cover taxes and should not be interpreted as a directional trade by the insider.