Form 4: Kirby Corp VP of Human Resources, Julie Marie Kruger, Reports Stock Transactions

Julie Marie Kruger, VP of Human Resources at Kirby Corp, reported the vesting of restricted stock units and the subsequent withholding of shares to cover taxes.

Summary

• Julie Marie Kruger, Vice President of Human Resources at Kirby Corp, filed a Form 4 detailing changes in her beneficial ownership of company stock.
• On January 24, 2025, Ms. Kruger had 639 restricted stock units vest, which were converted into common stock.
• Additionally, 275 shares were withheld to cover tax obligations at a price of $109.09 per share.
• Following these transactions, Ms. Kruger directly owns 2,953 shares of Kirby Corp common stock.
• The restricted stock units were granted on May 7, 2020, and January 29, 2021, and vest in five equal annual installments.

Sentiment

Score: 7

Explanation: The document reflects routine transactions related to executive compensation, which is neither positive nor negative for the company's overall performance. It is a neutral event.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• The vesting of restricted stock units is a common form of executive compensation in publicly traded companies.
• The tax withholding of shares is a standard practice to cover tax obligations associated with vesting.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation.

Key Dates

Keywords

Form 4, Kirby Corp, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Insider Trading, KEX