Hand Fred 4

What Happened
Fred Hand, Senior Executive Vice President and Director of Stores at Kohl's (KSS), received 12,073 shares on March 19, 2026 in settlement of performance share units under the company's Long-Term Compensation Plan. The award was granted at no purchase price (acquired at $0.00). To cover tax withholding on the award, 2,933 shares were surrendered/withheld at $12.03 per share, totaling approximately $35,284.

Key Details

• Transaction date (reporting period): 2026-03-19; Form 4 filed: 2026-03-20 (timely filing).
• Award: 12,073 shares (code A — grant/award/acquisition) acquired at $0.00.
• Tax withholding: 2,933 shares withheld (code F) at $12.03/share ≈ $35,284.
• Footnotes: Shares were issued in settlement of performance share units (not derivative securities). The 2,933-share entry represents issuer share-withholding to satisfy tax obligations. The filing notes 153,325 unvested restricted stock units included in holdings.
• No open-market purchase or sale occurred—this was a compensation settlement, not a market trade.

Context
Performance-share settlements and share-withholding for taxes are routine forms of executive compensation and do not necessarily signal personal buying or selling intent. Because these shares were issued as compensation (and some were withheld for taxes), the transaction is generally considered administrative rather than a bullish market vote by the insider.