Form 4: Knowles Corp Director Keith Barnes Acquires Shares as Part of Compensation Plan

Director Keith Barnes acquired 10,740 shares of Knowles Corp common stock as part of a compensation plan.

Summary

• On April 30, 2024, Keith Barnes, a director of Knowles Corp, acquired 10,740 shares of common stock.
• The acquisition was part of a compensation plan, specifically Restricted Stock Units (RSUs) awarded for services as a director.
• The price per share was $15.83.
• Following the transaction, Barnes directly owns 98,103 shares of Knowles Corp.
• The RSUs will vest on the first anniversary of the grant.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares as part of a compensation plan is a routine event, but it can signal confidence in the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
• The RSUs are part of a compensation plan designed to align the interests of directors with those of shareholders.

Future Outlook

The RSUs will vest on the first anniversary of the grant, indicating a future event related to these shares.

Industry Context

This type of transaction is common for directors and executives as part of their compensation packages, aligning their interests with the company's performance.

Stakeholder Impact

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

Next Steps

• The RSUs will vest on the first anniversary of the grant.

Key Dates