secwatch.observer — SEC 8-K summary
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Issuer:     Kontoor Brands, Inc. (KTB)
CIK:        0001760965
Form:       8-K
Filed at:   2025-09-05T23:59:59+00:00
Accession:  0001760965-25-000086
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kontoor Brands finalizes separation with EVP/COO Thomas Waldron; $1.35M severance
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- Waldron to remain in non-executive role through Sep 30, 2025, then separate.
- Severance of $1.35M (18 months base salary) paid biweekly over 18 months.
- Eligible for prorated 2025 AIP award; 2025 PRSUs and RSUs continue vesting.
- Non-compete and non-solicitation covenants apply for 18 months after separation.
- Reaffirmation required after Sep 30 to receive 90% of severance and benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1760965/000176096525000086/0001760965-25-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1760965/000176096525000086/ktb-20250831.htm
  HTML page:      https://secwatch.observer/filing/0001760965-25-000086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer