Form 4: Knowles Corp Executive Raymond D. Cabrera Reports Stock Disposals for Tax Obligations
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
| Date | Description |
|---|---|
| February 7, 2022 | Date of restricted stock grant related to the February 7, 2025 disposal. |
| February 6, 2023 | Date of restricted stock grant related to the February 6, 2025 disposal. |
| February 6, 2025 | Disposal of 2,599 shares at $18.56 to cover tax liability. |
| February 7, 2025 | Disposal of 2,199 shares at $18.22 to cover tax liability. |
| February 10, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Knowles Corp, Cabrera, Restricted Stock, Tax Liability
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