Form 4: Knowles Corp Senior Vice President & CFO Sells Shares Under 10b5-1 Plan

John S. Anderson, Senior Vice President & CFO of Knowles Corp, sold 10,443 shares of common stock at $19.50 per share on November 25, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• John S. Anderson, the Senior Vice President & CFO of Knowles Corp, sold 10,443 shares of the company's common stock on November 25, 2024.
• The sale was executed at a price of $19.50 per share.
• This transaction was conducted under a pre-established Rule 10b5-1 trading plan adopted by Mr. Anderson on May 15, 2024.
• Following the transaction, Mr. Anderson directly owns 200,757 shares of Knowles Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of an insider stock sale under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine disclosure of an insider transaction. It is common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of insider trading.

Comparison to Industry Standards

• The use of 10b5-1 trading plans is a standard practice among corporate executives to manage their stock sales.
• Similar transactions are regularly reported by executives at other publicly traded companies, such as Texas Instruments, Analog Devices, and Skyworks Solutions, all of which operate in the semiconductor and electronics components industry.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale under a pre-arranged plan.

Key Dates

Keywords

Form 4, insider trading, 10b5-1 plan, stock sale, Knowles Corp, John S. Anderson, executive transaction