Form 4: Knowles Corp Director Laura Angelini Acquires Shares as Part of Compensation Plan
SEC Form 4
Director Laura Angelini acquired 11,890 shares of Knowles Corp common stock at $15.98 per share as part of a compensation plan.
Summary
- On April 29, 2025, Laura Angelini, a director of Knowles Corp, acquired 11,890 shares of common stock.
- The shares were acquired at a price of $15.98 per share.
- This transaction was part of a compensation plan, specifically through the award of Restricted Stock Units (RSUs) under the Knowles Corporation 2018 Equity and Cash Incentive Plan.
- The RSUs will vest on the first anniversary of the grant.
- Following the transaction, Angelini directly owns 24,046 shares of Knowles Corp common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects a standard compensation practice and insider confidence, but it's not a major event.
Positives
- The acquisition of shares by a director demonstrates confidence in the company's future.
- The compensation plan aligns the director's interests with those of the shareholders.
Industry Context
This type of stock grant to directors is a common practice in publicly traded companies to align the interests of the board with those of the shareholders.
Comparison to Industry Standards
- Stock grants to directors are a standard component of compensation packages in publicly traded companies.
- Companies like Texas Instruments and Analog Devices also use equity-based compensation to incentivize their directors.
- The vesting schedule of one year is also typical for RSU grants.
Stakeholder Impact
- The stock acquisition by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of transaction: Acquisition of common stock. |
| 05/01/2025 | Date of signature on the Form 4 filing. |
Keywords
Knowles Corp, Laura Angelini, Director, Stock Acquisition, Form 4, RSU, Compensation Plan, Equity Incentive Plan
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