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AI brief of an SEC Form 8-K · Kontoor Brands (KTB)

Kontoor Brands COO Thomas Waldron to leave company; separation agreement signed Aug. 31

Neutral Impact 3 of 5 leadership Written later

Kontoor Brands entered a separation agreement with Thomas E. Waldron, its former Executive Vice President and Chief Operating Officer, who will stay on in a non-executive role through September 30, 2025. The agreement provides $1,350,000, equal to 18 months of base salary, paid over 18 months, plus other benefits, and the company previously disclosed his stepping down on July 29, 2025.

Key points

  • Separation agreement dated August 31, 2025, with Thomas E. Waldron, who stepped down as EVP and Chief Operating Officer
  • Severance of $1,350,000, equal to 18 months of base salary, paid biweekly over 18 months from the Separation Date of September 30, 2025
  • Waldron may receive a pro rata 2025 annual incentive award, paid in early 2026 if earned, and continued eligibility for certain 2025 equity awards based on performance and vesting terms

The filing

CompanyKontoor Brands (KTB)
Form8-K, current report
Filed with the SECSep 5, 2025, 4:21 PM ET
Accession number0001760965-25-000086

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.