Form 4: Knowles Corp Executive Air A. Bastarrica, Jr. Reports Acquisition of Common Stock

Air A. Bastarrica, Jr., Vice President and Controller of Knowles Corp, reports acquiring 16,358 shares of common stock on February 18, 2025.

Summary

• On February 18, 2025, Air A. Bastarrica, Jr., Vice President and Controller of Knowles Corp, acquired 16,358 shares of common stock.
• The shares were acquired at a price of $0.0.
• Following the transaction, Bastarrica directly owns 74,884 shares of Knowles Corp common stock.
• The transaction involved Restricted Stock Units granted under the Knowles Corporation 2018 Equity and Cash Incentive Plan that vest ratably over three years commencing on the first anniversary of the award.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard disclosure of insider trading activity. The acquisition of shares by an executive is generally viewed as a positive sign, but it's not a major event.

Positives

• The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This is a routine disclosure of insider transactions, which are common in publicly traded companies. Executives often receive stock options or restricted stock units as part of their compensation packages.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders if it signals confidence from the executive in the company's future.

Key Dates

Keywords

Knowles Corp, Air A. Bastarrica Jr., Form 4, insider trading, stock acquisition, Restricted Stock Units, Equity and Cash Incentive Plan, common stock