Form 4: Knowles Corp Executive Robert J. Perna Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Robert J. Perna, SVP, General Counsel & Secretary of Knowles Corp, reports disposing of common stock to cover tax liabilities related to vesting restricted stock grants.
Summary
- Robert J. Perna, a Senior Vice President, General Counsel, and Secretary at Knowles Corp, filed a Form 4.
- The form details the disposal of common stock to cover tax liabilities associated with the vesting of restricted stock grants.
- On February 6, 2025, 3,032 shares were disposed of at a price of $18.56.
- On February 7, 2025, 2,468 shares were disposed of at a price of $18.22.
- Following these transactions, Perna directly owns 60,563 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 insider trading regulations, providing transparency into the transactions of company insiders. Disposals to cover tax liabilities are common when restricted stock vests.
Stakeholder Impact
- The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the disposal.
Key Dates
| Date | Description |
|---|---|
| February 6, 2023 | Date of restricted stock grant related to the February 6, 2025 transaction. |
| February 7, 2022 | Date of restricted stock grant related to the February 7, 2025 transaction. |
| 02/06/2025 | Date of disposal of 3,032 shares of common stock. |
| 02/07/2025 | Date of disposal of 2,468 shares of common stock. |
| 02/10/2025 | Date of signature on the Form 4. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.