Form 4: Knowles Corp Director Keith Barnes Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Keith Barnes reports acquisition of 11,890 shares of Knowles Corp common stock and related Restricted Stock Units (RSUs).
Summary
- On April 29, 2025, Keith Barnes, a director of Knowles Corp, acquired 11,890 shares of common stock at a price of $15.98 per share.
- This acquisition increased Barnes' direct ownership to 98,082 shares.
- Barnes also received Restricted Stock Units (RSUs) as compensation for services as a director under the Knowles Corporation 2018 Equity and Cash Incentive Plan.
- The RSUs will vest on the first anniversary of the grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's stock acquisition and RSU grant, which can be seen as a positive sign of confidence, but it's not overwhelmingly significant.
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, potentially increasing Barnes' ownership in the future.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Comparison to Industry Standards
- Director share acquisitions are common across publicly listed companies.
- The size of the acquisition and the vesting schedule of the RSUs are typical for director compensation packages.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of transaction: Acquisition of common stock and grant of RSUs. |
| 05/01/2025 | Date of signature on the Form 4 filing. |
Keywords
Knowles Corp, Keith Barnes, Director, Common Stock, RSU, Restricted Stock Units, Acquisition, Ownership, Form 4, SEC
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