Form 4: Kirby Corp Director Richard J. Alario Sells 2,500 Shares
SEC Form 4 Filing
Director Richard J. Alario sold 2,500 shares of Kirby Corp common stock at a price of $121.39 per share on May 21, 2024.
Summary
- On May 21, 2024, Richard J. Alario, a director of Kirby Corp, sold 2,500 shares of common stock.
- The sale price was $121.39 per share.
- Following the transaction, Alario directly owns 25,317 shares of Kirby Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a director. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction. The sentiment is neutral.
Industry Context
This transaction is a routine disclosure of insider trading activity. It's important to monitor such filings to gauge management's sentiment and confidence in the company's future prospects. However, a single transaction is not necessarily indicative of a larger trend.
Stakeholder Impact
- The sale of shares by a director could potentially have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of transaction: Richard J. Alario sold 2,500 shares of Kirby Corp common stock. |
| 05/23/2024 | Date of signature on the report by Ronald A. Dragg, Agent and Attorney-in-Fact. |
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