Form 4: Knife River Director Patricia Moss Receives Equity Grant of Restricted Stock Units

Knife River Corp director Patricia L. Moss was granted 1,551 restricted stock units as part of her compensation, increasing her beneficial ownership to 29,834 shares.

Summary

• Patricia L. Moss, a Director of Knife River Corp (KNF), was granted 1,551 shares of common stock in the form of restricted stock units (RSUs).
• The transaction occurred on May 22, 2025, with a reported price of $0.0000 per share, indicating a grant rather than a purchase.
• Following this grant, Ms. Moss's total beneficial ownership in Knife River Corp stands at 29,834 shares.
• These RSUs represent the contingent right to receive one share of common stock each and are set to vest on the day immediately prior to the next annual meeting of stockholders, provided Ms. Moss continues her service on the board.

Sentiment

Score: 6

Explanation: Slightly positive due to alignment of director interests with shareholders through equity compensation, which is a standard and expected practice.

Positives

• The grant of restricted stock units to Director Patricia L. Moss aligns her interests with those of shareholders, as the value of her compensation is tied to the company's stock performance.
• This transaction represents a standard component of director compensation, indicating continuity in corporate governance practices.

Future Outlook

NA

Industry Context

This Form 4 filing details an insider transaction, specifically an equity grant to a director. Such grants are common practice across industries as a form of compensation and to align management and director interests with shareholders. It does not provide broader industry trends or competitive insights.

Corporate Governance

Stakeholder Impact

• Shareholders: Minor potential for future dilution upon RSU vesting, but also improved alignment of director's interests with shareholder value.

Next Steps

• The granted restricted stock units are expected to vest on the day immediately prior to the date of the next Knife River Corporation annual meeting of stockholders, subject to the director's continued service.

Key Dates

Keywords

Knife River Corp, KNF, SEC Form 4, insider transaction, restricted stock units, RSUs, director compensation, beneficial ownership, equity grant, corporate governance