Form 4: Kirby Corp Director Richard J. Alario Reports Stock Transactions
SEC Form 4 Filing
Director Richard J. Alario reports acquisition and disposal of Kirby Corp stock and stock options on April 25, 2024.
Summary
- On April 25, 2024, Richard J. Alario, a director of Kirby Corp, engaged in transactions involving the company's stock.
- Alario acquired 6,000 shares of common stock at a price of $99.52 per share.
- Alario disposed of 5,324 shares to cover tax obligations at a price of $112.16.
- Following these transactions, Alario directly owns 25,989 shares of Kirby Corp.
- Alario also exercised director stock options, acquiring 6,000 shares of common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports stock transactions by a director, which is a routine event.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 10/29/2014 | Date exercisable for director stock options |
| 04/25/2024 | Date of stock acquisition, disposal, and option exercise |
| 04/29/2024 | Signature date of the report |
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