Form 4: Knife River Corp Director Patricia L. Moss Reports Acquisition of Common Stock and Restricted Stock Units

Director Patricia L. Moss reported the acquisition of common stock and restricted stock units in Knife River Corp on May 15, 2024.

Summary

• On May 15, 2024, Patricia L. Moss, a director of Knife River Corp, acquired 1,905 restricted stock units (RSUs) and 720 shares of common stock.
• The RSUs vest the day before the next annual meeting of stockholders, contingent upon continued service on the board.
• The 720 shares were granted for board service from January 1, 2024, through May 14, 2024.
• Following these transactions, Moss directly owns 28,283 shares of Knife River Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock and RSU grants to a director, indicating alignment of interests but not necessarily a strong positive or negative signal.

Positives

• The acquisition of shares and RSUs by a director signals confidence in the company's future.

Future Outlook

The RSUs vest contingent on continued service on the board of directors through the date immediately prior to the next annual meeting of stockholders.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The acquisition of shares and RSUs by a director can positively influence shareholder sentiment.

Next Steps

• Monitor future Form 4 filings by Patricia L. Moss and other insiders for further insights into their investment activities.
• Await the next annual meeting of stockholders to determine the vesting date of the RSUs.

Key Dates