Form 4: Knowles Corp Executive Robert J. Perna Reports Stock Disposal for Tax Obligations
SEC Form 4
Robert J. Perna, SVP, General Counsel & Secretary of Knowles Corp, disposed of 3,086 shares to cover tax liabilities related to vesting restricted stock.
Summary
- On February 20, 2025, Robert J. Perna, SVP, General Counsel & Secretary of Knowles Corp, disposed of 3,086 shares of common stock.
- The transaction was executed to cover tax obligations associated with the vesting of a restricted stock grant issued on February 20, 2024.
- The shares were disposed of at a price of $17.84 per share.
- Following the transaction, Perna directly owns 85,782 shares of Knowles Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction for covering tax obligations related to stock vesting.
Industry Context
This is a routine Form 4 filing, common for corporate executives when stock options or restricted stock units vest and they sell shares to cover the associated tax obligations.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/20/2024 | Date of restricted stock grant issuance |
| 02/20/2025 | Date of stock disposal for tax liability |
| 02/24/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Knowles Corp, Robert J. Perna, Stock Disposal, Tax Liabilities, Restricted Stock, Insider Trading
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