Form 4: Director German Carmona-Alvarez Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director German Carmona-Alvarez was granted 2,040 restricted stock units by Knife River Corp.
Summary
- Director German Carmona-Alvarez acquired 2,040 restricted stock units (RSUs) on May 20, 2026.
- The RSUs were granted at a price of $0.00 per share.
- Following this transaction, the director's total beneficial ownership of common stock is 9,025 shares.
- The RSUs vest on the day prior to the next annual meeting of stockholders, contingent upon continued service on the board.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None.
Risks
- Vesting is subject to the director's continued service on the board of directors.
Future Outlook
The RSUs will vest on the day immediately prior to the next annual meeting of stockholders, provided the director remains in service.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure long-term alignment between leadership and shareholder value in the construction and materials sector.
Comparison to Industry Standards
- The grant of RSUs to non-employee directors is consistent with standard compensation practices for publicly traded companies of similar market capitalization.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of RSUs prior to the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of RSU grant transaction. |
| 05/21/2026 | Date of filing. |
Keywords
Knife River Corp, KNF, Form 4, Insider Trading, Restricted Stock Units, Director Compensation
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