Form 4: Knife River Corp Director Brian R. Gray Reports Share Purchase
SEC Form 4 Filing
Brian R. Gray, a Director and President & CEO of Knife River Corp, reported the purchase of common stock through the company's 401(k) plan.
Summary
- On February 29, 2024, Brian R. Gray, Director and President & CEO of Knife River Corp, purchased 1 share of common stock at $73.65 through the company's 401(k) plan.
- Following the transaction, Gray directly owns 80,837 shares of common stock and indirectly owns 8,167.4133 shares through the 401(k).
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine disclosure of an insider transaction. There's no indication of positive or negative sentiment related to the company's performance.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for corporate executives and directors. It provides transparency into their investment decisions within the company.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it involves a small number of shares purchased through a 401(k) plan.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Purchase of common stock. |
| 03/04/2024 | Date of signature on the report. |
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