Form 4: Knife River Corp Executive Glenn R. Pladsen Reports Stock Transactions

Glenn R. Pladsen, VP & Chief Excellence Officer of Knife River Corp, reports acquisition and disposal of common stock and restricted stock units.

Summary

• Glenn R. Pladsen, VP & Chief Excellence Officer of Knife River Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 27, 2025, Pladsen acquired 1,786 shares of common stock at $0.00, representing restricted stock units (RSUs) that vest on December 31, 2027, contingent upon continued employment.
• On the same day, 1,292 shares were disposed of at $94.73 to cover tax withholding obligations upon vesting of a RSU award.
• Following these transactions, Pladsen directly owns 22,098 shares of common stock.
• Pladsen also indirectly owns 3,348.6759 shares of common stock through a 401(k) plan, held by a trustee.
• The RSUs vest on December 31, 2027, provided the reporting person remains employed by the issuer as of the vesting date.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The reporting person will receive shares of common stock on December 31, 2027, provided that the reporting person remains employed by the issuer as of the vesting date.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transactions have a minimal impact on other stakeholders.

Key Dates