Goldsmith Ashley 4
Research Summary
AI-generated summary
Kontoor (KTB) Director Ashley Goldsmith Receives 2,236-Share Award
What Happened
Ashley Goldsmith, a director of Kontoor Brands, received an award of 2,236 shares (transaction code A) on May 1, 2026. The shares were issued at $0.00 (no cash paid); reported value for the transaction is $0. Many director awards are compensation rather than open-market purchases.
Key Details
- Transaction date: 2026-05-01; Filing date (accession): 2026-05-05 — filing appears timely.
- Amount acquired: 2,236 shares; price per share reported: $0.00; total cash value recorded: $0.
- Footnotes of note:
- F1: The common stock figure includes 81.951 shares received as dividend equivalents on restricted stock units (RSUs) since the last statement.
- F2: Separately, phantom stock units (PSUs) are accrued under the non-employee directors’ deferred plan and are to be settled 100% in cash upon the director’s retirement; PSU counts can change with deemed dividend reinvestments.
- F5: Includes 20.374 shares received as dividend equivalents on PSUs since the last statement.
- F3 and F4: F3 indicates a 1-for-1 factor; F4 notes certain date/price columns were not applicable to this filing.
- Shares owned after the transaction: not specified in the provided excerpt.
Context
This is a routine director compensation grant (award of shares/RSUs and related unit accruals) rather than an open-market buy or sale. Awards like this are common for non-employee directors and do not necessarily signal a personal buy/sell decision. PSUs referenced are phantom units that will be cash-settled at retirement, so they are different from outstanding common shares.