Form 4: Knife River Corp Executive Christenson Reports Stock Transactions

Nancy K. Christenson, VP of Administration at Knife River Corp, reports disposition of shares to cover tax obligations and updates holdings in 401(k).

Summary

• On February 27, 2025, Nancy K. Christenson, VP of Administration at Knife River Corp, reported a transaction involving common stock.
• 1,583 shares were disposed of to cover tax withholding obligations upon the vesting of a Restricted Stock Unit (RSU) award at a price of $94.73 per share.
• Following the transaction, Christenson directly owns 25,776 shares of common stock.
• Christenson also indirectly owns 21,333.2312 shares of common stock through a 401(k) plan, held by a trustee.
• The number of shares held in the 401(k) may fluctuate daily based on plan activity.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates