Kohl's Director Adolfo Villagomez Receives 99-Share Award

What Happened
Adolfo Villagomez, a director of Kohl's Corp (KSS), was granted 99 shares of restricted stock on September 23, 2026. The filing lists this as an Award/Grant (transaction code A); no purchase price or cash value is provided in the Form 4 because these shares were issued in lieu of a cash dividend.

Key Details

• Transaction date: 2026-09-23 (Form 4 filed 2026-09-24). Filing is within the typical 2-business-day window (timely).
• Transaction type/code: Award/Grant (A) — additional restricted stock issued in lieu of dividend.
• Shares received: 99 restricted shares; price listed as N/A (no cash paid).
• Footnote F1: These 99 shares were awarded in lieu of a $0.125-per-share dividend and vest on the same schedule as the underlying restricted stock.
• Footnote F2: Filing notes inclusion of 13,615 unvested restricted shares (i.e., Villagomez holds unvested restricted stock; the filing does not specify a different total shares-owned-after number).

Context
This was a dividend-equivalent award (not a market purchase or sale). Such awards increase an insider's holdings but are typically issued under company compensation/dividend policies and do not necessarily signal a change in insider sentiment. The newly issued shares are restricted and subject to the same vesting schedule as the underlying awards, so they are not immediately freely tradable.