Kent Jennifer J. 4

What Happened

• Jennifer J. Kent, Senior EVP, CLO & Corporate Secretary of Kohl's (KSS), received 7,370 shares on 2026-03-15 as an award (additional shares representing dividend equivalents on vested restricted stock units). On the same date, 12,846 shares were withheld to satisfy tax withholding obligations at $13.18 per share, representing approximately $169,310 in value.
• This was not an open-market sale or purchase — it reflects vesting of restricted stock units (RSUs) and routine tax withholding rather than a discretionary sale.

Key Details

• Transaction date(s): 2026-03-15 (reported 2026-03-17). Filing appears timely.
• Award (A): 7,370 shares issued (no purchase price applicable).
• Tax withholding (F): 12,846 shares disposed/withheld at $13.18 per share; value reported $169,310.
• Shares owned after transaction: total shares outstanding for Ms. Kent after these transactions are not explicitly stated in the filing; the filing notes 102,793 unvested restricted stock units are included in her holdings (see footnote F3).
• Footnotes: F1 = shares issued as dividend equivalents on vested RSUs; F2 = shares used to satisfy tax withholding on RSU vesting and dividend equivalents; F3 = includes 102,793 unvested RSUs.
• Filing timeliness: Transaction date 3/15/2026; Form 4 filed 3/17/2026 (no late-filing flag indicated).

Context

• These entries are typical for vested RSUs: the company issued awarded shares (including dividend equivalents) and withheld a portion of shares to cover taxes — effectively a cashless tax withholding, not a market sale signal.
• For retail investors, such administrative transactions generally do not directly indicate personal bullish/bearish trading intent.