Form 4: Kirby Corp Director William M. Waterman Reports Stock Acquisition and Disposal

Director William M. Waterman reports acquiring and disposing of Kirby Corp stock, with adjustments to direct and indirect ownership.

Summary

• On May 5, 2025, William M. Waterman, a director of Kirby Corp, reported a transaction involving the company's common stock.
• Waterman acquired 1,923 shares of common stock at $0.
• Waterman also disposed of shares.
• Following these transactions, Waterman directly owns 39,238 shares and indirectly owns 82,249 shares through Waterman Flexibility Fund LLC.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company directors and officers, which can provide insights into their perspectives on the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• Comparable companies like Ingram Marine Group or American Commercial Barge Line would also have similar filings when their directors or officers trade company stock.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company directors as an indicator of confidence in the company's performance.

Key Dates

Keywords

Kirby Corp, KEX, Form 4, Beneficial Ownership, Director, Stock Transaction, Waterman, Insider Trading