Form 4: Knowles Corp Director Ye Jane Li Reports Stock Transfer and RSU Acquisition

Director Ye Jane Li reported transferring 20,000 shares to a Grantor Retained Annuity Trust (GRAT) and acquiring 11,890 Restricted Stock Units (RSUs).

Summary

• On February 5, 2025, Ye Jane Li, a director of Knowles Corp, transferred 20,000 shares of common stock to a Grantor Retained Annuity Trust (GRAT).
• The reporting person is the trustee, and the reporting person and members of her immediate family are the sole beneficiaries of the GRAT.
• On April 29, 2025, Li acquired 11,890 Restricted Stock Units (RSUs) at a price of $15.98.
• These RSUs were awarded as compensation for services as a Director pursuant to the Knowles Corporation 2018 Equity and Cash Incentive Plan and will vest on the first anniversary of the grant.
• Following these transactions, Li directly owns 53,028 shares of common stock and indirectly owns 20,000 shares through the trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director is increasing their stake in the company through RSUs, which is generally a good sign. The transfer to a GRAT is a common estate planning strategy and doesn't necessarily reflect a change in sentiment.

Positives

• The acquisition of 11,890 RSUs demonstrates continued alignment of the director's interests with the company's performance.

Future Outlook

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The acquisition of RSUs is a common form of executive compensation.

Stakeholder Impact

• The transactions reported may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates

Keywords

Form 4, Director, RSU, Restricted Stock Units, Grantor Retained Annuity Trust, GRAT, Beneficial Ownership, Knowles Corp, KN, Stock Transfer