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    SEC Form SC 13G/A filed by Kontoor Brands Inc. (Amendment)

    2/14/24 11:22:56 AM ET
    $KTB
    Apparel
    Consumer Discretionary
    Get the next $KTB alert in real time by email
    SC 13G/A 1 d783485dsc13ga.htm SC 13G/A SC 13G/A

     

     

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13G

    Amendment #2

    Under the Securities and Exchange Act of 1934

     

     

    Kontoor Brands Inc

    (Name of Issuer)

    Common Stock

    (Title of Class of Securities)

    50050N103

    (CUSIP Number)

    December 31, 2023

    (Date of Event Which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    This Schedule is filed pursuant to Rule 13d-1(b)

    The information required in the remainder of this cover page (except any items to which the form provides a cross-reference) shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

     

     

     


    CUSIP NO. 50050N103

     

     1)   

     Name of Reporting Person

     Ameriprise Financial, Inc.

     

     S.S. or I.R.S. Identification No. of Above Person

     IRS No. 13-3180631

     2)  

     Check the Appropriate Box if a Member of a Group

     

     (a) ☐  (b) ☒*

     

    *  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

     3)  

     SEC Use Only

     

     4)  

     Citizenship or Place of Organization

     

     Delaware

    NUMBER OF

    SHARES  BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5)   

     Sole Voting Power

     

     0

       6)  

     Shared Voting Power

     

     2,009,190

       7)  

     Sole Dispositive Power

     

     0

       8)  

     Shared Dispositive Power

     

     2,042,196

     9)   

     Aggregate Amount Beneficially Owned by Each Reporting Person

     

     2,042,196

    10)  

     Check if the Aggregate Amount in Row (9) Excludes Certain Shares

     

     Not Applicable

    11)  

     Percent of Class Represented by Amount In Row (9)

     

     3.64%

    12)  

     Type of Reporting Person

     

     HC


    1(a)    Name of Issuer:    Kontoor Brands Inc
    1(b)   

    Address of Issuer’s Principal

    Executive Offices:

      

    400 N. Elm Street

    Greensboro, North Carolina 27401

    2(a)    Name of Person Filing:    Ameriprise Financial, Inc. (“AFI”)
    2(b)    Address of Principal Business Office:   

    Ameriprise Financial, Inc.

    145 Ameriprise Financial Center

    Minneapolis, MN 55474

    2(c)    Citizenship:    Delaware
    2(d)    Title of Class of Securities:    Common Stock
    2(e)    Cusip Number:    50050N103
    3    Information if statement is filed pursuant to Rules 13d-1(b) or 13d-2(b):
      

    Ameriprise Financial, Inc.

      
       A parent holding company in accordance with Rule 13d-1(b)(1)(ii)(G). (Note: See Item 7)
    4    Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person.
       AFI disclaims beneficial ownership of any shares reported on this Schedule.
    5    Ownership of 5% or Less of a Class:
       If this statement is being filed to report the fact as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following (X).
    6    Ownership of more than 5% on Behalf of Another Person: Not Applicable
    7    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable
    8    Identification and Classification of Members of the Group: Not Applicable
    9    Notice of Dissolution of Group: Not Applicable


    10    Certification:

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.

    Signature

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Dated: February 14, 2024

     

    Ameriprise Financial, Inc.
    By:  

    /s/ Michael G. Clarke

    Name:   Michael G. Clarke
    Title:   Senior Vice President, North America Head of Operations & Investor Services

    Contact Information

    Dominic Geddes

    Global Head of Reporting

    Global Operations and Investor Services

    Telephone: +442074645779

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