Form 4: Knowles Corp Director Daniel J. Crowley Acquires Shares and RSUs
SEC Form 4 Filing
Director Daniel J. Crowley acquired 11,890 shares of Knowles Corp common stock and received restricted stock units (RSUs) as compensation.
Summary
- On April 29, 2025, Daniel J. Crowley, a director of Knowles Corp, acquired 11,890 shares of common stock at a price of $15.98 per share.
- Crowley also received restricted stock units (RSUs) as compensation for services as a director, granted under the Knowles Corporation 2018 Equity and Cash Incentive Plan.
- The RSUs will vest on the first anniversary of the grant date.
- Following the reported transaction, Crowley beneficially owns 52,818 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The director's purchase could be seen as slightly positive, but it's a routine disclosure.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The RSUs will vest on the first anniversary of the grant, potentially increasing Crowley's holdings in the future.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be informative for investors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment due to the director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of common stock acquisition and RSU grant |
| 05/01/2025 | Date of signature for the Form 4 filing |
Keywords
Knowles Corp, Director, Daniel J. Crowley, Stock Acquisition, Restricted Stock Units, RSUs, Beneficial Ownership, Form 4
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