Form 4: Knife River VP Acquires 4,611 Restricted Stock Units

Knife River Corp's VP, Chief Legal Officer & Secretary, Karl A. Liepitz, acquired 4,611 restricted stock units.

Summary

• Karl A. Liepitz, VP, Chief Legal Officer & Secretary of Knife River Corp (KNF), acquired 4,611 shares of common stock.
• The acquisition occurred on March 4, 2026, at a price of $0.0000 per share, indicating a grant of restricted stock units (RSUs).
• These RSUs are scheduled to vest on December 31, 2028, contingent upon Mr. Liepitz's continued employment with the issuer.
• Each RSU represents the contingent right to receive one share of Knife River Corp's common stock.
• Following this transaction, Mr. Liepitz directly beneficially owns 44,312 shares of common stock.
• Additionally, Mr. Liepitz indirectly owns 1,896.8482 shares of common stock through a 401(k) plan held by a trustee.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as insider acquisition of shares, even through grants, generally signals confidence and aligns executive interests with shareholders, though it's a routine compensation event.

Positives

• The acquisition of restricted stock units by a key executive aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The vesting schedule through December 31, 2028, incentivizes long-term retention of a senior legal officer.

Future Outlook

The future outlook for Karl A. Liepitz's compensation includes the vesting of 4,611 restricted stock units on December 31, 2028, provided he remains employed by Knife River Corp.

Industry Context

StockSavvy.ai notes that the grant of restricted stock units (RSUs) to executives is a standard practice in corporate compensation across various industries, including construction materials, to attract, retain, and incentivize key personnel by linking their long-term compensation to the company's stock performance.

Stakeholder Impact

• Shareholders: The RSU grant aligns the interests of a key executive with shareholders, potentially fostering decisions that enhance long-term stock value.
• Employees: The vesting condition incentivizes the executive's continued employment, contributing to leadership stability.

Next Steps

• The 4,611 restricted stock units are scheduled to vest on December 31, 2028, subject to Karl A. Liepitz's continued employment.

Key Dates

Keywords

KNF, Knife River Corp, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, Form 4, Common Stock