Form 4: Knowles Corp Director Laura Angelini Acquires Shares and Restricted Stock Units

Director Laura Angelini acquired common stock and restricted stock units in Knowles Corp on December 6, 2024.

Summary

• Laura Angelini, a director at Knowles Corp, acquired 3,473 shares of common stock at a price of $19.58 per share on December 6, 2024.
• She also received 3,473 restricted stock units (RSUs) as compensation for her services as a director, which will vest on the first anniversary of the grant.
• Additionally, Ms. Angelini was granted 8,683 RSUs as a new director, which will vest on the third anniversary of the grant.
• Following these transactions, Ms. Angelini directly owns 12,156 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction by a director, which is generally viewed neutrally to slightly positive as it indicates confidence in the company. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
• The granting of RSUs aligns the director's interests with the long-term performance of the company.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company securities. It is a routine part of corporate governance and transparency.

Comparison to Industry Standards

• The granting of restricted stock units to directors is a common practice in publicly traded companies as part of their compensation packages.
• The vesting schedules of one and three years are also typical for such grants, aligning director interests with long-term company performance.
• Similar filings are made by directors and officers of comparable companies such as Analog Devices, Texas Instruments, and Skyworks Solutions.

Stakeholder Impact

• The transactions may have a minor positive impact on shareholder sentiment, as it shows a director's investment in the company.

Key Dates

Keywords

Knowles Corp, Laura Angelini, Director, Stock Acquisition, Restricted Stock Units, RSU, Equity Compensation, Insider Trading