Baxter Scott H 4

What Happened
Scott H. Baxter, Chairman, President & CEO of Kontoor Brands (KTB), was granted 51,994 restricted stock units (RSUs) on April 1, 2026 (reported on Form 4). To satisfy tax withholding on the settled RSUs, 21,947 shares were withheld (three withholding entries of 7,899; 6,979; and 7,069 shares) at a reported per-share value of $69.18, totaling approximately $1,518,293. The RSU grant is shown as an acquisition at $0.00 (typical reporting for awards).

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (filed timely within SEC two-business-day window).
• Award: 51,994 RSUs granted (reported as acquisition, $0.00).
• Tax withholding: 21,947 shares withheld across three entries at $69.18/share; total proceeds/value ≈ $1,518,293.
• Shares owned after transaction: not disclosed in the material you provided.
• Footnotes: F1 — withheld shares satisfy tax withholding on settled RSUs; F2 — common stock total includes 784.289 dividend-equivalent shares credited on RSUs since last statement.
• Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (share withholding for taxes, not an open-market sale).

Context
This was an RSU grant and routine tax withholding, not an open-market sale or buy. For retail investors, tax-withholding disposals are administrative and don’t necessarily signal insider sentiment. When assessing insider activity, purchases are generally more informative than awards followed by withholding.