Form 4: Knowles Corp Director Daniel J. Crowley Acquires Shares and Restricted Stock Units

Director Daniel J. Crowley acquired 10,740 shares of Knowles Corp common stock and received restricted stock units (RSUs) as compensation for services as a Director.

Summary

• On April 30, 2024, Daniel J. Crowley, a director of Knowles Corp, acquired 10,740 shares of common stock at a price of $15.83 per share.
• Crowley also received restricted stock units (RSUs) as compensation for serving as a director, which will vest on the first anniversary of the grant.
• Following the transaction, Crowley directly owns 40,928 shares of Knowles Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects routine insider transactions. The acquisition of shares by a director is generally viewed positively, but the overall impact is likely limited.

Positives

• The acquisition of shares by a director may signal confidence in the company's future prospects.

Future Outlook

The RSUs will vest on the first anniversary of the grant date.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future actions of key individuals within a company.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates