Form 4: Knowles Corp Executive Raymond D. Cabrera Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Raymond D. Cabrera, SVP, HR & Chief Admin. Officer of Knowles Corp, reports disposing of common stock to cover tax liabilities related to vesting restricted stock grants.

Summary

  • Raymond D. Cabrera, a Senior Vice President at Knowles Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
  • On February 6, 2025, he disposed of 2,599 shares of common stock at a price of $18.56 to cover tax liabilities related to the vesting of a restricted stock grant issued on February 6, 2023.
  • On February 7, 2025, he disposed of 2,199 shares of common stock at a price of $18.22 to cover tax liabilities related to the vesting of a restricted stock grant issued on February 7, 2022.
  • Following these transactions, Cabrera beneficially owns 92,929 shares of Knowles Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The stock disposals are unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

DateDescription
February 7, 2022Date of restricted stock grant related to the February 7, 2025 disposal.
February 6, 2023Date of restricted stock grant related to the February 6, 2025 disposal.
February 6, 2025Disposal of 2,599 shares at $18.56 to cover tax liability.
February 7, 2025Disposal of 2,199 shares at $18.22 to cover tax liability.
February 10, 2025Date of Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Knowles Corp, Cabrera, Restricted Stock, Tax Liability

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