AI assistant
Kontoor Brands, Inc. — Director's Dealing 2021
Mar 8, 2021
31120_dirs_2021-03-08_702dc6d9-8eb2-434a-abd9-da63f1edb75b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Kontoor Brands, Inc. (KTB)
CIK: 0001760965
Period of Report: 2021-03-05
Reporting Person: Baxter Scott H (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-05 | Common Stock | J | 74087.214 | $50.30 | Acquired | 185708.626 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 380 | Indirect |
Footnotes
F1: As previously reported on August 17, 2020, the reporting person contributed 74,087.214 shares to a grantor retained annuity trust. On March 5, 2021, the reporting person withdrew 74,087.214 shares from the grantor retained annuity trust, which he then contributed to a revocable trust, and made a transfer of equivalent consideration to the grantor retained annuity trust in exchange for the withdrawn shares. The reporting person believes that his withdrawal of shares from the trust constitutes only a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.