Kohl's (KSS) Director Floyd H. Charles Receives 225 RSUs

What Happened
Floyd H. Charles, a director of Kohl's Corporation (KSS), received awards of deferred restricted stock units (RSUs) on September 23, 2026. The filing shows two awards of 88 and 137 RSUs (total 225 RSUs). No purchase price is reported (transaction code A — Award/Grant); these were issued in lieu of the company's $0.125 per-share dividend payable on that date. The additional RSUs will vest and be settled on the same schedule as the underlying deferred RSUs.

Key Details

• Transaction date: 2026-09-23 (reported on Form 4 filed 2026-09-24) — filing appears timely.
• Transaction type/code: A (Award/Grant); amounts: 88 RSUs and 137 RSUs (total 225 RSUs); price: N/A.
• Dividend note: Awards were dividend-equivalent units issued instead of a $0.125 per-share cash dividend (footnotes F1, F2).
• Vesting/settlement: Units vest/settle on same schedule as the underlying deferred RSUs (per F1/F2).
• Holdings reported: Filing notes it "includes 12,042 unvested deferred restricted stock units" (F3); total beneficial ownership post-transaction is not otherwise specified in the filing.
• Market signal: This is an administrative dividend-equivalent award, not an open-market purchase or sale.

Context
These awards are derivative/compensation-related (dividend equivalents on existing deferred RSUs) and are routine in nature. Such grants don't necessarily indicate an insider view on the stock's near-term prospects; purchases by insiders are typically considered a stronger signal of conviction. The RSUs remain subject to vesting and will be settled according to the original RSU schedule.