secwatch.observer — SEC 8-K summary
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Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001193125-24-078905
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kohl's amends Annual Incentive Plan; expands participant pool, removes Section 162(m) language
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- Committee amended plan on March 25, 2024; participants now include CEO-designated associates beyond executive officers.
- Performance goals broadened to any financial or performance measure; awards based on salary % or fixed amount.
- CEO may adjust non-executive officer awards based on individual, line-of-business, or location performance.
- Removed Section 162(m)-related terms and conditions due to 2017 tax law changes.
- Plan still requires Committee certification of performance goals before payout.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312524078905/0001193125-24-078905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312524078905/d791889d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-078905

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