Form 4: Knowles CFO Exercises Options, Adjusts Holdings

Knowles Corp's Senior Vice President and CFO, John S. Anderson, exercised stock options and subsequently sold shares to cover taxes and exercise costs.

Summary

• John S. Anderson, Senior Vice President & CFO of Knowles Corp, exercised 42,017 non-qualified stock options on August 13, 2025.
• The exercise price for these options was $16.77 per share.
• Concurrently, 37,125 shares were disposed of at a price of $21.01 per share to cover the option exercise price and tax liabilities.
• Following these transactions, Anderson's direct beneficial ownership of Common Stock is 247,299 shares.
• His derivative holdings of Non-Qualified Stock Options are now 0.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (option exercise and sell-to-cover) which is generally neutral in sentiment. It reflects the executive realizing compensation but also a reduction in direct share ownership.

Positives

• The exercise price of $16.77 is lower than the disposition price of $21.01, indicating the stock price has appreciated since the options were granted, benefiting the executive.
• The exercise of options represents the executive realizing value from their compensation package.

Negatives

• A significant number of shares (37,125) were sold, reducing the CFO's direct equity stake in the company.
• While a 'sell-to-cover' transaction is common for tax purposes, it still represents a reduction in insider ownership.

Future Outlook

NA

Industry Context

This filing reports a routine insider compensation event and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• John S. Anderson, Senior Vice President & CFO, engaged in an insider transaction involving the exercise of stock options and subsequent sale of shares to cover tax liabilities and exercise costs.

Stakeholder Impact

• Shareholders: A minor reduction in the CFO's direct equity stake, which is common for tax-related sales following option exercises. The overall impact on the company's share structure or value is negligible from this single transaction.

Key Dates

Keywords

Knowles Corp, KN, Insider Transaction, Form 4, Stock Options, CFO, Equity Holdings, Beneficial Ownership