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Kontoor Brands(KTB.US) Officer Sells US$6.79 Million in Common Stocks

moomoo News ·  Mar 4 17:00

$Kontoor Brands (KTB.US)$ Officer Baxter Scott H sold 114.97K shares of Common Stocks on Mar 1, 2024 at an average price of $59.094 for a total value of $6.79 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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