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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 12/29/23 |
Issuer: |
| Issuer CIK: 1760965 |
| Issuer Name: Kontoor Brands, Inc. |
| Issuer Trading Symbol: KTB |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1234928 |
| | Owner Name: SHEARER ROBERT K |
| Reporting Owner Address: |
| | Owner Street 1: 400 N. ELM STREET |
| | Owner Street 2: |
| | Owner City: GREENSBORO |
| | Owner State: NC |
| | Owner ZIP Code: 27401 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
Aff 10b5 One: 0 |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Phantom Stock-d |
| | | Footnote ID: F1 |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Transaction Date: |
| | | Value: 12/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 753.729 |
| | | Transaction Price Per Share: |
| Value: 63.02 |
| Footnote ID: F4 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 753.729 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 31,911.9917 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends. |
| Footnote - F2: 1 for 1. |
| Footnote - F3: There is no date that should appear in these columns. These columns are not applicable to this particular filing. |
| Footnote - F4: Each PSU was acquired at the election of the Director by deferring $63.02 of fees per PSU. |
Owner Signature: |
| Signature Name: /s/ Thomas L. Doerr, Jr. for Robert K. Shearer (Pursuant to Signing Authority on File) |
| Signature Date: 1/2/24 |