Sumner Susan Denise 4
4 · Kontoor Brands, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Kontoor (KTB) VP Susan Sumner Withholds 548 Shares for Taxes
What Happened
Susan Denise Sumner, Vice President and Chief Accounting Officer of Kontoor Brands (KTB), had 548.445 shares withheld to satisfy tax withholding on settled performance share units. The withholding was recorded on March 5, 2026 at $78.62 per share, for a total value of $43,119. The filing lists the shares as disposed (withheld) rather than sold on the open market.
Key Details
- Transaction date: 2026-03-05; Price used: $78.62 per share
- Shares withheld/disposed: 548.445; Total value: $43,119 (per filing)
- Shares owned after transaction: Not specified in the filing
- Footnotes: F1 = shares withheld to satisfy tax withholding on settled performance share units; F2 = company’s common stock figure includes restricted stock units
- Form 4 filed: 2026-03-09 (for transaction dated 2026-03-05)
Context
This was a tax-withholding disposition related to the settlement of performance share units (a routine administrative action), not an open-market sale or purchase. Such withholdings are common when equity awards vest and generally do not by themselves indicate the insider’s view on the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-05$78.62/sh−548.445$43,119→ 12,399.091 total
Footnotes (2)
- [F1]Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled performance share units.
- [F2]Common stock includes restricted stock units.