Kontoor Brands Director Robert Shearer Phantom Stock Acquisition

2026-07-07SEC Filing 4 (0000897069-26-001490)

This Form 4 filing reports that Robert K. Shearer, a director of Kontoor Brands, Inc. (KTB), acquired 617.5258 phantom stock units on July 2, 2026, through the company's deferred savings plan for non-employee directors. The phantom stock units represent deferred director fees that will be settled in cash upon retirement, with the number of units determined by dividing the deferred fees by the fair market value of Kontoor Brands common stock. Following this transaction, Shearer now holds 41,507.2877 phantom stock units. Additionally, he owns 54,455.675 shares of common stock, which includes restricted stock units and dividend equivalents. The filing indicates that Shearer is not an officer or ten percent owner, but serves as a director of the company.