Kontoor Brands, Inc.·4

May 5, 5:14 PM ET

Schiller Mark L. 4

4 · Kontoor Brands, Inc. · Filed May 5, 2026

Research Summary

AI-generated summary of this filing

Updated

Kontoor (KTB) Director Mark L. Schiller Receives 2,236-Share Award

What Happened

  • Mark L. Schiller, a director of Kontoor Brands, was granted/received 2,236 shares on 2026-05-01 at $0.00 per share (total cash paid: $0). This is reported as an award/acquisition (Form 4 code A) and appears to be part of director compensation rather than an open-market purchase.

Key Details

  • Transaction date: 2026-05-01; Form 4 filed 2026-05-05 (timely within required filing window).
  • Shares acquired: 2,236 shares at $0.00 per share (award/grant).
  • Shares owned after transaction: not specified in the filing summary (filing notes that common stock totals include restricted stock units and PSUs; see footnotes).
  • Notable footnotes:
    • F1: 81.951 shares included from dividend equivalents on restricted stock units (RSUs) since last statement.
    • F2: Some holdings are phantom stock units (PSUs) under the directors’ deferred savings plan; PSUs are settled 100% in cash at retirement and may change due to reinvested dividends.
    • F5: 431.5351 shares included from dividend equivalents on PSUs since last statement.
  • No sale or market purchase occurred; this is a compensation award, not an indication of a buy/sell decision.

Context

  • Awards to outside directors are common as part of regular compensation and are generally routine. PSUs cited in the filing are cash-settled deferred units (not immediately tradable shares), while RSUs convert to common stock under their vesting terms. This filing does not indicate immediate sale or purchase activity beyond the award itself.

Insider Transaction Report

Form 4
Period: 2026-05-01
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-01+2,23617,720.282 total
Holdings
  • Phantom Stock-d

    [F2][F3][F4][F5]
    Common Stock (5,980.973 underlying)
    5,980.973
Footnotes (5)
  • [F1]Includes 81.951 shares received as dividend equivalents on restricted stock units since the last statement. Common stock includes restricted stock units.
  • [F2]Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.
  • [F3]1 for 1
  • [F4]There is no date that should appear in these columns. These columns are not applicable to this particular filing.
  • [F5]Includes 431.5351 shares received as dividend equivalents on PSUs since the last statement.
Signature
/s/ Thomas L. Doerr, Jr. for Mark L. Schiller (Pursuant to Signing Authority on File)|2026-05-05

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4