Form 4: Knowles Corp Director Ye Jane Li Reports Acquisition of 10,740 Shares

Director Ye Jane Li reports acquiring 10,740 shares of Knowles Corp common stock at $15.83 per share on April 30, 2024, increasing total holdings to 61,138 shares.

Summary

• On April 30, 2024, Ye Jane Li, a director of Knowles Corp, acquired 10,740 shares of common stock.
• The shares were acquired at a price of $15.83 per share.
• This acquisition increased Li's direct holdings in Knowles Corp to 61,138 shares.
• The acquisition was made through the awarding of Restricted Stock Units (RSUs) 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: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. The acquisition of shares can be seen as a positive sign, but it's not a major event.

Positives

• A director increasing their stake in the company can be seen as a positive signal.

Future Outlook

The RSUs will vest on the first anniversary of the grant.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates