Form 4: Kirby Corp Director Sells 40,001 Shares in Open Market Transaction

William M. Waterman, a director at Kirby Corp, sold 40,001 shares of common stock at an average price of $130.14 per share on November 25, 2024.

Summary

• William M. Waterman, a director of Kirby Corp, sold 40,001 shares of the company's common stock on November 25, 2024.
• The sale was executed at a weighted average price of $130.14 per share.
• The prices for the shares sold ranged from $128.87 to $131.14 per share.
• Following the transaction, Mr. Waterman directly owns 37,315 shares of Kirby Corp.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, which is a common occurrence. There is no indication of positive or negative sentiment.

Risks

• Large sales by insiders can sometimes be perceived negatively by the market, potentially impacting the stock price.

Industry Context

Insider trading activity is a common occurrence in the stock market and is closely monitored by regulators and investors. This transaction is a routine disclosure of a director's stock sale.

Comparison to Industry Standards

• Insider sales are a normal part of corporate activity, and this transaction is not unusual in terms of size or timing compared to similar transactions at other publicly traded companies.
• It is common for directors to sell shares for personal financial management reasons.

Stakeholder Impact

• The sale may have a minor impact on shareholder sentiment, but it is unlikely to have a significant effect on the company's operations or financial health.

Key Dates

Keywords

Kirby Corp, insider trading, Form 4, stock sale, William M. Waterman, director, KEX