Form 4: Knowles Corp Director Didier Hirsch Acquires Shares
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
| Date | Description |
|---|---|
| 04/29/2025 | Date of transaction: Didier Hirsch acquired shares of Knowles Corp common stock. |
| 05/01/2025 | Date 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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