Form 4: Kirby Corp Director William M. Waterman Sells 10,000 Shares
SEC Form 4 Filing
Director William M. Waterman sold 10,000 shares of Kirby Corp stock at an average price of $114.51 on May 15, 2024.
Summary
- On May 15, 2024, William M. Waterman, a director of Kirby Corp, sold 10,000 shares of common stock.
- The sale price was $114.51 per share.
- Following the transaction, Waterman directly owns 77,316 shares of Kirby Corp.
- The shares were sold at prices ranging from $113.79 to $115.13 per share.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but insider selling can sometimes be interpreted negatively by the market.
Industry Context
This Form 4 filing indicates insider selling activity, which investors often monitor to gauge management's perspective on the company's valuation and future prospects. However, one sale does not indicate a trend.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold compared to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: William M. Waterman sold 10,000 shares of Kirby Corp stock. |
| 05/16/2024 | Date of signature: Ronald A. Dragg, Agent and Attorney-in-Fact, signed the Form 4. |
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