Form 4: Director Karen Fagg Receives Knife River Stock Grant
Statement of Changes in Beneficial Ownership
Director Karen B. Fagg acquired 2,380 restricted stock units in Knife River Corp as part of a standard equity compensation grant.
Summary
- Director Karen B. Fagg was granted 2,380 restricted stock units (RSUs) on May 20, 2026.
- Each RSU represents a contingent right to receive one share of Knife River Corp common stock.
- The grant is valued at $0.00 per share as it represents equity compensation.
- Following this transaction, the director's total beneficial ownership increased to 33,317 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- Increase in total beneficial ownership by a member of the board.
Negatives
- None identified.
Risks
- Vesting is contingent upon the director continuing service on the board through the day prior to the next annual meeting.
Future Outlook
The RSUs will vest on the day immediately prior to the date of the next annual meeting of stockholders, provided the director remains in service.
Industry Context
StockSavvy.ai notes that this is a routine equity compensation disclosure for a corporate director, reflecting standard governance practices in the construction materials sector.
Comparison to Industry Standards
- The grant follows standard corporate governance practices for non-employee director compensation.
- Equity-based compensation is consistent with peer companies in the industrial and construction materials sector.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director retention and incentive alignment.
Next Steps
- Vesting of the 2,380 RSUs prior to the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the RSU grant transaction. |
| 05/21/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Knife River Corp, KNF, Insider Trading, Form 4, Director Compensation, Restricted Stock Units
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