Baxter Scott H 4

What Happened Scott H. Baxter, Chairman, President and CEO of Kontoor Brands, had 47,457.566 shares withheld to satisfy tax withholding on settled performance share units. The shares were valued at $78.62 each, for a total withholding value of $3,731,114. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-05; Filing date: 2026-03-09 (filed within required reporting window).
• Withheld shares: 47,457.566 at $78.62 per share — total value $3,731,114.
• Transaction type: Tax withholding on settled performance share units (Form 4 code F).
• Shares owned after transaction: Not specified in the summary provided.
• Footnotes:
  • F1: Shares were withheld to satisfy applicable tax withholding on settled performance share units.
  • F2: “Common stock” in the filing includes restricted stock units (RSUs).

Context This was a routine tax-withholding disposition tied to equity compensation settlement (performance share units), not an active sale into the market. Such withholdings are common when awards vest and do not necessarily indicate the insider’s view on the company’s stock.