Form 4: Knowles Corp Executive Robert J. Perna Sells 10,009 Shares

Robert J. Perna, SVP, General Counsel & Secretary of Knowles Corp, sold 10,009 shares of common stock at an average price of $17.02 on February 26, 2025.

Summary

• On February 26, 2025, Robert J. Perna, the SVP, General Counsel & Secretary of Knowles Corp, sold 10,009 shares of the company's common stock.
• The shares were sold at a weighted average price of $17.02.
• The sales occurred in multiple transactions with prices ranging from $17.01 to $17.04.
• Following the transaction, Perna directly owns 75,773 shares of Knowles Corp.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating an insider stock sale. It's neutral in tone and doesn't inherently suggest positive or negative sentiment about the company's performance.

Industry Context

Insider sales are a common occurrence and are often scrutinized by investors for signals about a company's prospects. However, they don't always indicate a negative outlook, as executives may sell shares for various personal financial reasons.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, potentially leading to slight downward pressure on the stock price in the short term.

Key Dates