Doerr Thomas L Jr 4

What Happened
Thomas L. Doerr Jr., EVP, General Counsel & Secretary of Kontoor Brands (KTB), had 4,646.964 shares withheld on March 5, 2026 to satisfy tax withholding related to settled performance share units. The shares were valued at $78.62 each, representing roughly $365,344. This was a tax-withholding/net-settlement action (not an open-market sale).

Key Details

• Transaction date and price: 2026-03-05 at $78.62 per share.
• Shares withheld/disposed: 4,646.964 shares; cash value ≈ $365,344.
• Shares owned after transaction: Not specified in the filing excerpt provided.
• Footnotes: F1 – shares withheld to satisfy tax withholding on settled performance share units; F2 – common stock counts include restricted stock units.
• Filing: Form 4 filed 2026-03-09 (appears timely based on the transaction date).
• Transaction type/code: Tax withholding/payment of tax liability (reported as "F" — a disposal via withholding).

Context
This was a routine tax-withholding/net-settlement of equity awards rather than a voluntary market sale or purchase, so it generally doesn't signal a change in the insider's view of the company. For retail investors, purchases tend to be more informative about insider sentiment; withholding to cover taxes is a common administrative step after awards vest/settle.