Form 4: Knowles Corp Director Cheryl Shavers Acquires Shares as Part of Compensation Plan
SEC Form 4
Director Cheryl Shavers acquired 11,890 shares of Knowles Corp common stock at $15.98 per share as part of a compensation plan.
Summary
- Cheryl Shavers, a director at Knowles Corp, acquired 11,890 shares of common stock on April 29, 2025, at a price of $15.98 per share.
- The acquisition was part of the Knowles Corporation 2018 Equity and Cash Incentive Plan.
- These shares were awarded as Restricted Stock Units (RSUs) for services as a Director.
- The RSUs will vest on the first anniversary of the grant.
- Following the transaction, Ms. Shavers beneficially owns 60,823 shares of Knowles Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, but it's part of a compensation plan, so it's not necessarily a strong indicator of exceptional confidence.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Director stock acquisitions are a common practice in publicly traded companies as part of executive compensation packages, aligning the interests of management with those of shareholders.
Stakeholder Impact
- The acquisition of shares by a director can have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of transaction: acquisition of common stock. |
| 05/01/2025 | Date of signature on the Form 4 filing. |
Keywords
Knowles Corp, Cheryl Shavers, Director, Stock Acquisition, RSU, Compensation, Equity Incentive Plan
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