Form 4: Knowles Corp Director Jason Cardew Acquires Shares and Restricted Stock Units
SEC Form 4
Director Jason M. Cardew acquired common stock and restricted stock units (RSUs) of Knowles Corp on June 18, 2024.
Summary
- On June 18, 2024, Jason M. Cardew, a director of Knowles Corp, acquired 8,500 shares of common stock at a price of $17.42.
- Cardew also acquired 9,759 restricted stock units (RSUs) at a price of $17.42.
- The 8,500 RSUs will vest on the first anniversary of the grant.
- The 9,759 RSUs will vest on the third anniversary of the grant.
- Following these transactions, Cardew directly owns 18,259 shares of Knowles Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a standard transaction by a company director, which doesn't inherently indicate positive or negative sentiment.
Positives
- A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Director stock acquisitions are common and are often viewed as a sign of confidence in the company's performance and future.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of stock and RSU acquisition |
| 06/20/2024 | Date of signature on the Form 4 filing |
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