4Filed Aug 13, 8:00 PM ET
Kontoor Brands (KTB) EVP Thomas Doerr Sells 7,660 Shares
$KTB · Kontoor Brands, Inc.Research Summary
AI-generated summary of this SEC filing
Kontoor Brands (KTB) EVP Thomas Doerr Sells 7,660 Shares
What Happened
Thomas L. Doerr Jr., EVP, General Counsel & Secretary of Kontoor Brands (KTB), sold 7,660.115 shares of KTB in an open‑market transaction on August 13, 2026. The weighted average price reported was $83.43, yielding proceeds of approximately $639,097. The sale was executed in multiple transactions at prices between $83.42 and $84.05.
Key Details
- Transaction date: 2026-08-13 (Form 4 filed 2026-08-14 — timely filing).
- Transaction type/code: Sale (S), open‑market.
- Reported weighted average price: $83.43; reported price range: $83.42–$84.05 (multiple trades). Reporting person will provide per‑trade price details upon request (Footnote F1).
- Proceeds: ~$639,097.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote F2: Includes 56.801 shares received as dividend equivalents on restricted stock units since the last statement; common stock reported includes RSUs.
Context
Sales by executives are common and can be for many reasons (diversification, taxes, personal liquidity) and do not by themselves indicate a change in company outlook. This filing documents a routine open‑market sale rather than an award, exercise, or gift.