Form 4: Knife River Corp Director Brian R. Gray Reports Acquisition of Common Stock

Brian R. Gray, President & CEO and Director of Knife River Corp, reports acquiring 12,599 shares of common stock and holding 8,166.4484 shares in a 401(k).

Summary

• On February 28, 2025, Brian R. Gray, President & CEO and Director of Knife River Corp, acquired 12,599 shares of common stock.
• These shares were acquired at a price of $0.0000 per share.
• Following this transaction, Gray directly owns 93,436 shares of Knife River Corp common stock.
• Gray also indirectly owns 8,166.4484 shares of common stock through a 401(k).
• The 12,599 shares acquired represent restricted stock units (RSUs) that vest on December 31, 2027, contingent upon continued employment with the issuer.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing stock transactions by an insider. The acquisition of shares by an executive is generally viewed as a positive sign, but the document itself is simply a factual report.

Positives

• The acquisition of shares by a key executive could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The reporting person will receive shares of common stock if they remain employed by the issuer until December 31, 2027.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Brian R. Gray's ownership of Knife River Corp stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it reflects confidence from a key executive.

Key Dates