Form 4: Knowles Corp Executive Bastarrica Jr. Reports Stock Transaction
SEC Form 4 Filing
Air A. Bastarrica Jr., Vice President and Controller of Knowles Corp, reports disposition of 2,347 shares to cover tax obligations related to vesting of restricted stock.
Summary
- On February 20, 2025, Air A. Bastarrica Jr., Vice President and Controller of Knowles Corp, disposed of 2,347 shares of common stock to cover tax liabilities.
- The shares were withheld incident to the vesting of a restricted stock grant issued on February 20, 2024.
- The transaction was executed at a price of $17.84 per share.
- Following the transaction, Bastarrica Jr. directly owns 72,537 shares of Knowles Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/20/2024 | Date of restricted stock grant issuance |
| 02/20/2025 | Date of stock disposition for tax liability |
| 02/24/2025 | Date of signature for the report |
Keywords
Form 4, Knowles Corp, Stock Transaction, Insider Trading, Beneficial Ownership, Air A. Bastarrica Jr., Restricted Stock, Tax Withholding
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