Kidd Peter A. 4

What Happened
Peter A. Kidd, EVP and CHRO of Kontoor Brands, had 6,373.583 shares withheld on March 5, 2026 to satisfy tax withholding on settled performance share units. The shares were valued at $78.62 each, for a total disposal value of $501,091. This was a tax-withholding disposition (routine), not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-03-05; withholding price: $78.62 per share.
• Shares withheld/disposed: 6,373.583; reported value: $501,091.
• Filing date: 2026-03-09 — filed timely (within required 2 business days).
• Shares owned after the transaction: not reported in the provided excerpt.
• Footnotes: F1 = shares withheld to satisfy tax withholding on settled performance share units; F2 = common stock count includes restricted stock units.
• Transaction code: F (payment of exercise price or tax liability via share withholding).

Context
Withholding shares to cover taxes on vested performance shares or RSUs is a common, administrative transaction and does not necessarily indicate the insider’s view on the company’s stock. This was a disposal for tax purposes (cashless withholding), not a market sale intended to raise cash or a purchase signaling bullishness.