Form 4: Knowles Corp Director Keith Barnes Reports Stock Sale
SEC Form 4 Filing
Director Keith Barnes sold 5,186 shares of Knowles Corp (KN) common stock at a price of $17.45 on May 31, 2024.
Summary
- On May 31, 2024, Keith Barnes, a director of Knowles Corp, sold 5,186 shares of common stock.
- The sale price was $17.45 per share.
- Following the transaction, Barnes directly owns 92,917 shares of Knowles Corp.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale by a director may be interpreted in various ways by the market, but without additional context, it's difficult to ascertain the specific reason behind the transaction.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock sale transaction |
| 05/31/2024 | Date of report signature |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.