Form 4: Kirby Corp VP CIO, Scott P. Miller, Executes Stock Sales Under 10b5-1 Plan

Scott P. Miller, VP CIO of Kirby Corp, sold shares of common stock on February 5th and 6th, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Scott P. Miller, the VP CIO of Kirby Corp, reported the sale of company stock.
• The transactions occurred on February 5th and 6th, 2025.
• On February 5th, 1,244 shares were sold at a price of $107.61 per share.
• On February 6th, 3,545 shares were sold at a price of $109 per share.
• These sales were executed under a Rule 10b5-1 trading plan adopted on May 20, 2024.
• Following these transactions, Miller directly owns 2,000 shares of Kirby Corp.
• Miller previously owned 5,545 shares before the transactions on February 5th and 6th.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-existing trading plan. There is no indication of positive or negative implications for the company.

Industry Context

Insider sales are a common occurrence and are often viewed in the context of the executive's personal financial planning. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders if they interpret the sales negatively, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates