Form 4: Kirby Corp Executive Strahan Dorman Lynn Reports Stock Transactions
SEC Filing Form 4
Kirby Corp's President of Kirby Engine Systems, Strahan Dorman Lynn, reports exercising stock options and selling shares on March 27, 2024.
Summary
- On March 27, 2024, Strahan Dorman Lynn, President of Kirby Engine Systems, exercised employee stock options to acquire 3,423 shares of Kirby Corp common stock at a price of $75.50 per share.
- Simultaneously, Lynn sold 3,423 shares of common stock at a weighted average price of $95.11, with prices ranging from $95.09 to $95.20.
- Following these transactions, Lynn directly owns 21,054 shares of Kirby Corp common stock.
- Lynn also continues to hold employee stock options for 0 shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions. The transactions themselves don't necessarily indicate a positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives. Investors often monitor these filings for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/22/2021 | Date employee stock options were granted. |
| 03/27/2024 | Date of stock option exercise and sale of shares. |
| 03/28/2024 | Date of Form 4 filing. |
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