Form 4: Knife River Director Thomas Hill Receives RSU Grant

Director Thomas W. Hill was granted 2,040 restricted stock units as part of his compensation for service on the board.

Summary

• Director Thomas W. Hill acquired 2,040 restricted stock units (RSUs) of Knife River Corp common stock.
• The transaction occurred on May 20, 2026.
• The RSUs were granted at a price of $0.00 per share.
• Following this transaction, the director's total beneficial ownership of common stock increased to 5,496 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Risks

• Vesting of the RSUs is contingent upon the director's continued service on the board through the date of the next annual meeting.

Future Outlook

The RSUs will vest on the day immediately prior to the date of the next annual meeting of stockholders, provided the director remains in service.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure board members maintain a long-term stake in company performance.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for publicly traded companies in the construction and materials sector.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of the 2,040 RSUs upon the date of the next annual meeting of stockholders.

Key Dates

Keywords

Knife River Corp, KNF, Form 4, Insider Trading, Director Compensation, Restricted Stock Units