Kontoor (KTB) VP & Chief Accounting Officer Taylor Lyn Withholds 68 Shares

What Happened Taylor Andrew Lyn, Vice President and Chief Accounting Officer of Kontoor Brands (KTB), had 68 shares withheld on 2026-09-21 to satisfy tax withholding obligations related to settled restricted stock units (RSUs). The withholding covered shares valued at $66.70 each for a total of $4,536. This was a tax-withholding disposition of shares, not an open-market sale or a purchase.

Key Details

• Transaction date and price: 2026-09-21; 68 shares withheld at $66.70 per share (total $4,536).
• Nature of transaction: Tax withholding on settled RSUs (transaction code F).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: The 68 shares represent shares withheld to satisfy tax withholding on settled RSUs.
  • F2: The reported common stock amount includes 21.151 shares received as dividend equivalents on RSUs since the last statement.
• Filing timeliness: Report filed 2026-09-23 for a 2026-09-21 transaction — appears to be timely (Form 4s are generally due within two business days).

Context This was a routine tax-withholding action related to vesting of RSUs. Withholding shares to cover taxes is common and does not indicate a discretionary sale by the insider; it simply satisfies tax obligations at vesting.