Form 4: Kirby Corp Executive Dorman Lynn Strahan Sells 2,470 Shares
SEC Form 4 Filing
Dorman Lynn Strahan, President of Kirby Engine Systems, sold 2,470 shares of Kirby Corp (KEX) common stock at a price of $115.72 on May 10, 2024.
Summary
- On May 10, 2024, Dorman Lynn Strahan, President of Kirby Engine Systems, sold 2,470 shares of Kirby Corp (KEX) common stock.
- The sale price was $115.72 per share.
- Following the transaction, Strahan directly owns 18,584 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 filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Insider sales are a common occurrence and can be for various reasons, including diversification, tax planning, or personal expenses. They don't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale relative to the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of the transaction: Dorman Lynn Strahan sold 2,470 shares of Kirby Corp stock. |
| 05/14/2024 | Date of the Form 4 filing. |
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