{"filing":{"accession_number":"0001760965-26-000035","cik":"0001760965","ticker":"KTB","company_name":"Kontoor Brands, Inc.","form":"8-K","filing_date":"2026-05-21","report_date":null,"primary_document":"ktb-20260520.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1760965/000176096526000035/ktb-20260520.htm"},"events":[{"id":9610,"run_id":8429,"accession_number":"0001760965-26-000035","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"summary":"Kontoor Brands entered into a Stock Purchase Agreement to sell its wholly-owned subsidiary The H.D. Lee Company to ABG-Storm LLC (an Authentic Brands Group affiliate) for $750 million in cash plus up to $250 million in earnout consideration. The transaction has been unanimously approved by the Board and is expected to close in H2 2026, with proceeds earmarked for debt reduction and shareholder returns.","company_name":"Kontoor Brands, Inc.","ticker":"KTB","filing_date":"2026-05-21","form":"8-K","submitted_at":null,"items":[{"id":1281,"accession_number":"0001760965-26-000035","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Kontoor Brands entered into a Stock Purchase Agreement to sell its wholly-owned subsidiary The H.D. Lee Company to ABG-Storm LLC (Authentic Brands Group affiliate) for $750 million in cash plus up to $250 million in earnout consideration. This is a material disposition of a subsidiary business that has been unanimously approved by the Board and is expected to close in H2 2026, with proceeds earmarked for debt reduction and shareholder returns.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:22:34.282411+00:00","company_name":"","ticker":null,"filing_date":""},{"id":1282,"accession_number":"0001760965-26-000035","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.55,"reasoning":"The filing discloses entry into a \"Purchase Agreement\" via press release on May 21, 2026, but the Item 7.01 disclosure provides no substantive details about the agreement's nature, counterparty, financial terms, or strategic significance. While the language \"entry into the Purchase Agreement\" suggests a material transaction, the absence of specifics prevents confident classification as M\u0026A activity or another defined event type. This is classified as other_material because a purchase agreement typically signals material business activity, but the vague disclosure warrants the catch-all category pending review of the actual press release exhibit.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:22:34.282411+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":1281,"accession_number":"0001760965-26-000035","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Kontoor Brands entered into a Stock Purchase Agreement to sell its wholly-owned subsidiary The H.D. Lee Company to ABG-Storm LLC (Authentic Brands Group affiliate) for $750 million in cash plus up to $250 million in earnout consideration. This is a material disposition of a subsidiary business that has been unanimously approved by the Board and is expected to close in H2 2026, with proceeds earmarked for debt reduction and shareholder returns.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:22:34.282411+00:00","company_name":"Kontoor Brands, Inc.","ticker":"KTB","filing_date":"2026-05-21"},{"id":1282,"accession_number":"0001760965-26-000035","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.55,"reasoning":"The filing discloses entry into a \"Purchase Agreement\" via press release on May 21, 2026, but the Item 7.01 disclosure provides no substantive details about the agreement's nature, counterparty, financial terms, or strategic significance. While the language \"entry into the Purchase Agreement\" suggests a material transaction, the absence of specifics prevents confident classification as M\u0026A activity or another defined event type. This is classified as other_material because a purchase agreement typically signals material business activity, but the vague disclosure warrants the catch-all category pending review of the actual press release exhibit.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:22:34.282411+00:00","company_name":"Kontoor Brands, Inc.","ticker":"KTB","filing_date":"2026-05-21"}]}
