Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-12

Kontoor Brands (KTB)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$13,203,878
Scott Baxter total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
98.17%
Say-on-pay support, latest vote
Companies that benchmark against KTB
13 companies name KTB as a compensation peer

Each company listed discloses KTB in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named KTB in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Scott Baxter$1,287,500$0$7,986,319$0$3,462,409$0$467,650$13,203,878
President, Chief Executive Officer and Chairman of the Board
Thomas Waldron675,67306,001,05801,167,9160377,0198,221,666
Former Executive Vice President, Chief Operating Officer
Joseph Alkire763,13501,347,72801,224,2450126,4553,461,563
Executive Vice President, Chief Financial Officer, and Global Head of Operations
Jennifer Broyles680,5770708,84301,055,6170110,1292,555,166
Executive Vice President, Chief Commercial Officer, and Global Head of Brands
Thomas Doerr Jr.591,3750618,9830780,750066,2512,057,359
Executive Vice President, Chief Legal Officer & Secretary
Peter Kidd507,7070499,2340669,716065,4601,742,117
Executive Vice President, Chief Human Resources Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Scott Baxter$13,203,878$12,586,582$9,941,061+617,296
Thomas Waldron8,221,6665,251,5253,186,461+2,970,141
Joseph Alkire3,461,5633,367,5213,170,777+94,042
Jennifer Broyles2,555,1661,972,953+582,213
Thomas Doerr Jr.2,057,3591,924,1911,506,172+133,168
Peter Kidd1,742,117

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Joseph AlkireRSU2025-04-017,991$517,098
Scott BaxterRSU2025-04-0147,3523,064,148
Scott BaxterPSU2025-04-0135,51471,027159,8114,922,171
Jennifer BroylesRSU2025-04-014,203271,976
Jennifer BroylesPSU2025-04-013,1526,30414,184436,867
Thomas Doerr Jr.PSU2025-04-012,7535,50512,386381,497
Thomas Doerr Jr.RSU2025-04-013,670237,486
Peter KiddRSU2025-04-012,960191,542
Peter KiddPSU2025-04-012,2204,4409,990307,692
Thomas WaldronRSU2025-04-0116,2781,053,349
Thomas WaldronPSU2025-04-0112,20824,41654,9361,692,028
Thomas WaldronPSU2025-08-293,255,681
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Joseph Alkire$517,098$0$00.0%
Scott Baxter3,064,1484,922,171061.6%
Jennifer Broyles271,976436,867061.6%
Thomas Doerr Jr.237,486381,497061.6%
Peter Kidd191,542307,692061.6%
Thomas Waldron1,053,3494,947,709082.4%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Thomas WaldronRSU54,692$3,363,558
Scott BaxterRSU108,1516,651,264
Scott BaxterRSU144,1848,867,316
Scott BaxterRSU71,0274,368,161
Thomas WaldronRSU29,1791,794,534
Scott BaxterRSU48,4382,978,954
Scott BaxterRSU33,7052,072,867
Joseph AlkireRSU11,233690,849
Joseph AlkireRSU28,1941,733,900
Joseph AlkireRSU25,3581,559,517
Thomas WaldronRSU24,4161,501,584
Scott BaxterRSU19,0741,173,062
Thomas WaldronRSU16,6511,024,063
Joseph AlkireRSU11,986737,139
Jennifer BroylesRSU13,822850,053
Thomas WaldronRSU12,786786,318
Thomas Doerr Jr.RSU12,332758,418
Peter KiddRSU11,336697,164
Thomas Doerr Jr.RSU9,500584,273
Joseph AlkireRSU8,174502,721
Peter KiddRSU4,440273,060
Peter KiddRSU6,784417,027
Jennifer BroylesRSU6,304387,696
Joseph AlkireRSU5,928364,563
Thomas Doerr Jr.RSU5,505338,558
Thomas WaldronRSU5,146316,482
Jennifer BroylesRSU4,299264,414
Thomas Doerr Jr.RSU3,754230,883
Jennifer BroylesRSU3,648224,348
Peter KiddRSU3,414209,935
Peter KiddRSU3,394208,748
Thomas Doerr Jr.RSU2,882177,268
Jennifer BroylesRSU3,232198,747
Peter KiddRSU3,028186,216
Peter KiddRSU2,650162,970
Joseph AlkireRSU1,962120,689
Thomas Doerr Jr.RSU1,675103,027
Jennifer BroylesRSU1,34182,477
Peter KiddRSU1,19073,182
Jennifer BroylesRSU64339,569
Peter KiddRSU60237,012
Peter KiddRSU59936,810
Scott BaxterOption184,40322.04
05

Incentive-plan design — the Compensation Discussion & Analysis

Kontoor's Executive Compensation Program is designed to attract, motivate, and retain talented executives with a target total direct compensation package positioned within a competitive range of market median for comparable executives. The program focuses on aligning executives' interests with shareholders by paying for performance and requiring meaningful share ownership, with a significant portion of compensation being at-risk and delivered through long-term equity-based awards.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFrederic W. Cook & Co. Inc
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-2345,505,472849,40696,02298.17%Passed
20252025-04-2445,427,1821,237,755163,82397.35%Passed
20242024-04-1844,352,3822,156,306170,27195.36%Passed
20232023-04-2043,274,3161,487,514104,81096.68%Passed
20222022-04-1944,299,9921,001,219215,64397.79%Passed
20212021-04-2045,268,8461,504,94295,26896.78%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-2398.17%a
20252025-04-2497.35%b
20242024-04-1895.36%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert K. ShearerIndependent · Lead Independent Director · Audit Committee (Chair) · Strategy and Finance Committee (Chair) · Talent and Compensation Committee$196,621$185,000$0$381,621
Ashley D. GoldsmithIndependent · Talent and Compensation Committee (Chair) · Nominating and Governance Committee116,621160,0000276,621
Mark L. SchillerIndependent · Audit Committee · Nominating and Governance Committee (Chair)105,577160,0000265,577
Shelley Stewart JrIndependent · Nominating and Governance Committee · Talent and Compensation Committee · Strategy and Finance Committee97,665160,0000257,665
Robert M. LynchIndependent · Audit Committee91,621160,0000251,621
Maryelizabeth R. CampbellIndependent · Audit Committee · Talent and Compensation Committee91,621160,0000251,621
Andrew PageIndependent · Not standing for re-election · Departed during FY37,335160,0000197,335
Scott H. BaxterEmployee director · Board Chair · Strategy and Finance Committee0
09

Board fee structure and ownership guideline

Annual cash retainer$95,000
Annual equity retainer$160,000
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000 / 20,000
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$737,061
Equity awards (grant-date value)$1,145,000
All other compensation$0
Total cost of the board$1,882,061

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Kontoor Brands names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Kontoor Brands.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Lululemon Athletica Inc.2025Calvin McDonald$1,393,269$7,800,001$13,800,030$994,794$24,023,294
2Ralph Lauren Corporation2026Patrice Louvet1,350,00013,710,17908,100,00023,264,269
3Tapestry, Inc.2025Joanne Crevoiserat1,400,0006,573,6793,999,9995,303,20017,340,349
4PVH Corp.2025Stefan Larsson1,450,00012,200,53002,142,23016,165,385
5Levi Strauss & Co.2025Michelle Gass1,475,0008,129,3183,144,8993,032,96916,145,173
6Kontoor Brands2025Scott Baxter1,287,5007,986,31903,462,40913,203,878
7Capri Holdings Limited2026John Idol1,350,0004,999,99405,400,00011,909,990
8Under Armour, Inc.2026Kevin Plank903,4629,040,000510,0001,128,15011,597,975
9Oxford Industries, Inc.2025Thomas Chubb III900,0003,942,2050388,4405,529,136
10PLBY Group, Inc.2025Ben Kohn850,7201,908,229003,688,107
11Columbia Sportswear Co.2025Timothy Boyle1,080,000001,938,7203,036,220
12Superior Group of Companies, Inc.2025Michael Benstock1,004,2300002,750,208
13Fossil Group, Inc.2025Franco Fogliato1,100,000174,60001,441,4402,729,504
Canada Goose Holdings Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Kontoor Brandsnot disclosedPRSU 60 · RSU 40not disclosedFrederic W. Cook & Co. Inc
Canada Goose Holdings Inc.not disclosednot disclosednot disclosednot disclosed
Capri Holdings Limited200%RSU 100not disclosedWillis Towers Watson (WTW)
Columbia Sportswear Co.57%not disclosedYes — three year relative total shareholder return (Relative TSR)FW Cook
Fossil Group, Inc.100.8%not disclosedNoKorn Ferry
Levi Strauss & Co.110%PSU 50 · Options 25 · RSU 25Yes — Relative TSRSemler Brossy
Lululemon Athletica Inc.35.7%PSU 60 · RSU 20 · Options 20NoWTW (Willis Towers Watson)
Oxford Industries, Inc.43%not disclosedYes — Total Shareholder Return (TSR) relative to comparator groupMeridian Compensation Partners, LLC
PLBY Group, Inc.not disclosedRSU 100not disclosedExequity LLP
PVH Corp.73.87%PSU 50 · RSU 50Yes — relative TSRFrederic W. Cook & Co. (FW Cook)
Ralph Lauren Corporation200%PSU 50 · RSU 50Yes — Relative TSRKorn Ferry
Superior Group of Companies, Inc.not disclosednot disclosedNoKorn Ferry
Tapestry, Inc.189.4%Options 40 · PSU 40 · RSU 20Yes — Relative TSRFrederic W. Cook and Co., Inc.
Under Armour, Inc.60%RSU 100NoWillis Towers Watson

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Scott BaxterDEF 14A2026-03-090001760965-26-000020Section “Summary Compensation Table for Fiscal 202” · page 44. As printed: 13,203,878. Filing ↗machine: r4 · c24 · span 704033–704043
2Section 01, Thomas WaldronDEF 14A2026-03-090001760965-26-000020Section “Summary Compensation Table for Fiscal 202” · page 44. As printed: 8,221,666. Filing ↗machine: r29 · c24 · span 740986–740995
3Section 01, Joseph AlkireDEF 14A2026-03-090001760965-26-000020Section “Summary Compensation Table for Fiscal 202” · page 44. As printed: 3,461,563. Filing ↗machine: r9 · c24 · span 711494–711503
4Section 01, Jennifer BroylesDEF 14A2026-03-090001760965-26-000020Section “Summary Compensation Table for Fiscal 202” · page 44. As printed: 2,555,166. Filing ↗machine: r14 · c24 · span 718943–718952
5Section 01, Thomas Doerr Jr.DEF 14A2026-03-090001760965-26-000020Section “Summary Compensation Table for Fiscal 202” · page 44. As printed: 2,057,359. Filing ↗machine: r19 · c24 · span 726196–726205
6Section 01, Peter KiddDEF 14A2026-03-090001760965-26-000020Section “Summary Compensation Table for Fiscal 202” · page 44. As printed: 1,742,117. Filing ↗machine: r24 · c24 · span 733587–733596
7Section 03, Joseph Alkire RSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
8Section 03, Scott Baxter RSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
9Section 03, Scott Baxter PSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
10Section 03, Jennifer Broyles RSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
11Section 03, Jennifer Broyles PSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Thomas Doerr Jr. PSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
13Section 03, Thomas Doerr Jr. RSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
14Section 03, Peter Kidd RSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
15Section 03, Peter Kidd PSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
16Section 03, Thomas Waldron RSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
17Section 03, Thomas Waldron PSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
18Section 03, Thomas Waldron PSUDEF 14A2026-03-090001760965-26-000020Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
19Section 08, Robert K. ShearerDEF 14A2026-03-090001760965-26-000020Section “Director Compensation”. As printed: 381,621. Filing ↗
20Section 08, Ashley D. GoldsmithDEF 14A2026-03-090001760965-26-000020Section “Director Compensation”. As printed: 276,621. Filing ↗
21Section 08, Mark L. SchillerDEF 14A2026-03-090001760965-26-000020Section “Director Compensation”. As printed: 265,577. Filing ↗
22Section 08, Shelley Stewart JrDEF 14A2026-03-090001760965-26-000020Section “Director Compensation”. As printed: 257,665. Filing ↗
23Section 08, Robert M. LynchDEF 14A2026-03-090001760965-26-000020Section “Director Compensation”. As printed: 251,621. Filing ↗
24Section 08, Maryelizabeth R. CampbellDEF 14A2026-03-090001760965-26-000020Section “Director Compensation”. As printed: 251,621. Filing ↗
25Section 08, Andrew PageDEF 14A2026-03-090001760965-26-000020Section “Director Compensation”. As printed: 197,335. Filing ↗
26Section 08, Scott H. BaxterDEF 14A2026-03-090001760965-26-000020Section “Director Compensation”. As printed: 0. Filing ↗
27Section 06, 2026 voteForm 8-K2026-04-240001760965-26-000024Item 5.07 · say-on-pay result. As reported: 98.17% (votes for as printed: 45,505,472). Filing ↗
28Section 06, 2025 voteForm 8-K2025-04-250001760965-25-000029Item 5.07 · say-on-pay result. As reported: 97.35% (votes for as printed: 45,427,182). Filing ↗
29Section 06, 2024 voteForm 8-K2024-04-190001760965-24-000028Item 5.07 · say-on-pay result. As reported: 95.36% (votes for as printed: 44,352,382). Filing ↗
30Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
31Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
32Section 09b board cost (computed)ComputedcomputedCash 737,061 + equity 1,145,000 + all other 0 = 1,882,061, summed across the director compensation table rows.machine: formula: Σ = 1,882,061
33Lululemon Athletica Inc., Section 10b CEO totalDEF 14A2026-05-180001213900-26-058095CEO total compensation as printed in Lululemon Athletica Inc.'s own proxy. As printed: 24,023,294. Filing ↗machine: t70 · r3 · c8 · span 1864711–1864721
34Ralph Lauren Corporation, Section 10b CEO totalDEF 14A2026-06-180001140361-26-025788CEO total compensation as printed in Ralph Lauren Corporation's own proxy. As printed: 23,264,269. Filing ↗machine: t486 · r5 · c19 · span 2002568–2002578
35Tapestry, Inc., Section 10b CEO totalDEF 14A2025-09-260001140361-25-036303CEO total compensation as printed in Tapestry, Inc.'s own proxy. As printed: 17,340,349. Filing ↗machine: t223 · r2 · c25 · span 1671584–1671594
36PVH Corp., Section 10b CEO totalDEF 14A2026-05-080001213900-26-053710CEO total compensation as printed in PVH Corp.'s own proxy. As printed: 16,165,385. Filing ↗machine: t83 · r1 · c9 · span 2386148–2386158
37Levi Strauss & Co., Section 10b CEO totalDEF 14A2026-03-110001308179-26-000050CEO total compensation as printed in Levi Strauss & Co.'s own proxy. As printed: 16,145,173. Filing ↗machine: t255 · r2 · c35 · span 713671–713681
38Kontoor Brands (subject), Section 10b CEO totalDEF 14A2026-03-090001760965-26-000020CEO total compensation as printed in Kontoor Brands's own proxy. As printed: 13,203,878. Filing ↗machine: r4 · c24 · span 704033–704043
39Capri Holdings Limited, Section 10b CEO totalDEF 14A2026-06-160001530721-26-000063CEO total compensation as printed in Capri Holdings Limited's own proxy. As printed: 11,909,990. Filing ↗machine: r2 · c24 · span 857082–857092
40Under Armour, Inc., Section 10b CEO totalDEF 14A2026-07-150001336917-26-000102CEO total compensation as printed in Under Armour, Inc.'s own proxy. As printed: 11,597,975. Filing ↗machine: r2 · c48 · span 595286–595296
41Oxford Industries, Inc., Section 10b CEO totalDEF 14A2026-05-130000075288-26-000032CEO total compensation as printed in Oxford Industries, Inc.'s own proxy. As printed: 5,529,136. Filing ↗machine: t36 · r3 · c12 · span 668880–668889
42PLBY Group, Inc., Section 10b CEO totalDEF 14A2026-04-300001628280-26-028967CEO total compensation as printed in PLBY Group, Inc.'s own proxy. As printed: 3,688,107. Filing ↗machine: r2 · c48 · span 439807–439816
43Columbia Sportswear Co., Section 10b CEO totalDEF 14A2026-04-240001050797-26-000062CEO total compensation as printed in Columbia Sportswear Co.'s own proxy. As printed: 3,036,220. Filing ↗machine: t61 · r3 · c27 · span 566267–566276
44Superior Group of Companies, Inc., Section 10b CEO totalDEF 14A2026-03-230001437749-26-009335CEO total compensation as printed in Superior Group of Companies, Inc.'s own proxy. As printed: 2,750,208. Filing ↗machine: r4 · c32 · span 242178–242187
45Fossil Group, Inc., Section 10b CEO totalDEF 14A2026-08-120001193125-26-347185CEO total compensation as printed in Fossil Group, Inc.'s own proxy. As printed: 2,729,504. Filing ↗machine: t55 · r6 · c14 · span 939738–939747
46Section 10a, Tapestry, Inc. reciprocityDEF 14A0001140361-25-036303Tapestry, Inc.'s most recent proxy was read; its disclosed peer group does not include Kontoor Brands. Filing ↗
47Section 10a, Oxford Industries, Inc. reciprocityDEF 14A0000075288-26-000032Oxford Industries, Inc. names Kontoor Brands in its own disclosed peer group (read from its most recent proxy). Filing ↗
48Section 10a, Under Armour, Inc. reciprocityDEF 14A0001336917-26-000102Under Armour, Inc.'s most recent proxy was read; its disclosed peer group does not include Kontoor Brands. Filing ↗
49Section 10a, Levi Strauss & Co. reciprocityDEF 14A0001308179-26-000050Levi Strauss & Co. names Kontoor Brands in its own disclosed peer group (read from its most recent proxy). Filing ↗
50Section 10a, Ralph Lauren Corporation reciprocityDEF 14A0001140361-26-025788Ralph Lauren Corporation's most recent proxy was read; its disclosed peer group does not include Kontoor Brands. Filing ↗
51Section 10a, Fossil Group, Inc. reciprocityDEF 14A0001193125-26-347185Fossil Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Kontoor Brands. Filing ↗