Form 4: Knowles Corp Director Didier Hirsch Acquires Shares

Sentiment:

SEC Form 4


Director Didier Hirsch acquired 11,890 shares of Knowles Corp common stock at $15.98 per share on April 29, 2025.

Summary

  • On April 29, 2025, Didier Hirsch, a director of Knowles Corp, acquired 11,890 shares of common stock.
  • The acquisition price was $15.98 per share.
  • This transaction increased Hirsch's direct ownership to 140,299 shares.
  • The shares were acquired through Restricted Stock Units (RSUs) awarded as compensation for services as a Director pursuant to the Knowles Corporation 2018 Equity and Cash Incentive Plan.
  • The RSUs will vest on the first anniversary of the grant.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director increasing their holdings is generally viewed favorably, but this was part of a pre-existing compensation plan.

Positives

  • A director increasing their stake in the company can be seen as a positive signal.

Future Outlook

The RSUs will vest on the first anniversary of the grant, indicating a future increase in Hirsch's holdings.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's prospects.

Stakeholder Impact

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

Key Dates

DateDescription
04/29/2025Date of transaction: Didier Hirsch acquired shares of Knowles Corp common stock.
05/01/2025Date of signature on the Form 4 filing.

Keywords

Knowles Corp, Didier Hirsch, Director, Stock Acquisition, Common Stock, RSU, Restricted Stock Units, Ownership, Compensation, Equity, Incentive Plan

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