Form 4: Kirby Corp Executive Ronald A. Dragg Reports Stock Transactions

Kirby Corp's Vice President and Controller, Ronald A. Dragg, reported the vesting and disposition of restricted stock units and common stock on January 24, 2025.

Summary

• Ronald A. Dragg, Vice President and Controller at Kirby Corp, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On January 24, 2025, Dragg acquired 1,348 shares of common stock through the vesting of restricted stock units.
• Also on January 24, 2025, 400 shares of common stock were disposed of at a price of $109.09 per share.
• Following these transactions, Dragg directly owns 8,631 shares of common stock and indirectly owns 1,521 shares through a 401(k) plan.
• Additionally, 887 and 461 restricted stock units vested, representing the right to receive cash or common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral report of transactions.

Industry Context

This is a routine filing related to executive compensation and is typical for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as required by the SEC.
• The vesting schedule of the restricted stock units is typical for executive compensation packages.
• The transactions are consistent with standard practices for executives managing their equity holdings.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent a small portion of the total outstanding shares.
• The transactions are part of the executive compensation plan and are not expected to have a significant impact on employees or other stakeholders.

Key Dates

Keywords

Form 4, Kirby Corp, stock transaction, restricted stock units, beneficial ownership, Ronald A. Dragg, insider trading