Form 4: Knowles Corp Director Didier Hirsch Acquires Shares and Restricted Stock Units

Director Didier Hirsch acquired 10,740 shares of Knowles Corp common stock and received restricted stock units (RSUs) as compensation for services.

Summary

• On April 30, 2024, Didier Hirsch, a director of Knowles Corp, acquired 10,740 shares of common stock at a price of $15.83 per share.
• Hirsch also received restricted stock units (RSUs) as compensation for serving 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 these transactions, Hirsch directly owns 128,409 shares of Knowles Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction by a company director. The acquisition of shares and grant of RSUs are routine and don't necessarily indicate strong positive or negative sentiment.

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, indicating a future equity stake for the director.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future performance. This Form 4 filing is a routine disclosure required by the SEC.

Key Dates