Form 4: Director William J. Sandbrook Acquires Knife River Shares
Director Equity Grant
Director William J. Sandbrook was granted 2,040 restricted stock units in Knife River Corporation.
Summary
- Director William J. Sandbrook acquired 2,040 restricted stock units (RSUs) of Knife River Corporation (KNF).
- The transaction occurred 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 is 7,735 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations.
Positives
- Increased equity alignment between the director and shareholders.
Negatives
- None.
Risks
- Vesting of the RSUs is contingent upon the director continuing service on the board through the day prior to the next annual meeting of stockholders.
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 director equity grants are standard corporate governance practices designed to align board member interests with long-term shareholder value in the construction materials sector.
Comparison to Industry Standards
- The grant of RSUs as part of director compensation is consistent with standard practices for publicly traded companies in the industrial and materials sectors.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard board compensation structure.
Next Steps
- Vesting of the 2,040 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 signed and filed. |
Keywords
Knife River, KNF, Insider Trading, Form 4, Director Compensation, Restricted Stock Units
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