Form 4: Kirby Corp Executive Dragg Exercises Options and Sells Shares
SEC Form 4 Filing
Ronald A. Dragg, Vice President and Controller of Kirby Corp, exercised stock options and sold shares on November 7, 2024.
Summary
- On November 7, 2024, Ronald A. Dragg, Vice President and Controller of Kirby Corp, executed transactions involving the company's stock.
- Dragg exercised employee stock options to acquire 2,313 shares at a price of $75.50 per share.
- Simultaneously, Dragg sold 2,313 shares at a price of $127.30 per share.
- Following these transactions, Dragg directly owns 7,683 shares of Kirby Corp common stock.
- Dragg also continues to hold options to purchase 0 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing reflects routine insider transactions and provides insight into executive compensation and stock ownership at Kirby Corp.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 02/22/2021 | Date employee stock options were granted |
| 11/07/2024 | Date of stock option exercise and share sale |
| 02/22/2025 | Expiration date of employee stock options |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.