Broyles Jennifer H. 4

What Happened
Jennifer H. Broyles, EVP and Global Brands President of Kontoor Brands (KTB), had 2,149.666 shares withheld to satisfy tax withholding obligations related to settled performance share units. The withholding occurred on 2026-03-05 at $78.62 per share in two lot amounts: 1,627.401 shares ($127,946) and 522.265 shares ($41,060), for a combined value of approximately $169,006. This was a withholding to cover taxes (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-05
• Filing date: 2026-03-09 (file appears timely)
• Price per share: $78.62
• Shares withheld: 1,627.401 shares ($127,946) and 522.265 shares ($41,060); total 2,149.666 shares (~$169,006)
• Transaction code: F (tax withholding/cashless share retention)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes: F1 = shares withheld to satisfy applicable tax withholding on settled performance share units; F2 = common stock amount includes restricted stock units

Context
This was a routine cashless tax-withholding on vested performance share units rather than a discretionary sale of shares in the open market. Such withholdings are common after equity awards vest and do not necessarily signal insider sentiment about the company. For retail investors, purchases or open-market sales by insiders are generally more indicative of conviction than automatic tax withholdings.