Form 4: Knowles Corp Director Michael Wishart Acquires Shares

Sentiment:

SEC Form 4 Filing


Director Michael Wishart acquired 11,890 shares of Knowles Corp common stock at $15.98 per share on April 29, 2025, and now beneficially owns 70,455 shares.

Summary

  • On April 29, 2025, Michael Wishart, a director of Knowles Corp, acquired 11,890 shares of common stock.
  • The acquisition price was $15.98 per share.
  • The shares were acquired directly.
  • Following the transaction, Wishart beneficially owns 70,455 shares of Knowles Corp.
  • The acquisition involved Restricted Stock Units (RSU) awarded as compensation for services as a Director pursuant to the Knowles Corporation 2018 Equity and Cash Incentive Plan.
  • 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 stock acquisition is a positive sign, indicating confidence in the company. However, it's a routine transaction and doesn't necessarily imply a major shift in the company's outlook.

Positives

  • The director's acquisition of shares may signal confidence in the company's future performance.

Future Outlook

The RSUs will vest on the first anniversary of the grant, suggesting a continued alignment of the director's interests with the company's performance.

Industry Context

Directors' stock acquisitions are often viewed positively by the market, as they can indicate confidence in the company's prospects. This Form 4 filing provides transparency into the insider's transactions.

Stakeholder Impact

  • The director's stock acquisition could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
04/29/2025Date of transaction: Michael Wishart acquired shares of Knowles Corp common stock.
05/01/2025Date of signature on the Form 4 filing.

Keywords

Knowles Corp, Michael Wishart, Director, Stock Acquisition, Form 4, RSU, Beneficial Ownership, Equity Incentive Plan

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