Form 4: Kirby Corp Executive Scott P. Miller Reports Stock Transactions

Scott P. Miller, VP CIO of Kirby Corp, reported the acquisition of 3,054 shares and the disposal of 810 shares of common stock on January 24, 2025, along with the vesting of restricted stock units.

Summary

• Scott P. Miller, a VP CIO at Kirby Corp, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On January 24, 2025, Miller acquired 3,054 shares of common stock through the vesting of restricted stock units.
• He also disposed of 810 shares of common stock to cover tax obligations at a price of $109.09 per share.
• Following these transactions, Miller directly owns 3,244 shares of common stock.
• Additionally, 2,010 restricted stock units remain outstanding.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative. The transactions are part of a standard compensation plan.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The vesting schedule of the restricted stock units is typical for executive compensation packages.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of a standard executive compensation plan.

Key Dates

Keywords

Form 4, Kirby Corp, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Executive Compensation, Scott P. Miller