Form 4: Knowles Director Transfers Shares to Trust, Exchange Fund
Insider Transaction Report
Knowles Corp Director Keith Barnes reported transferring 41,048 shares to a family trust and subsequently contributing them to an exchange fund.
Summary
- Keith Barnes, a Director of Knowles Corp (KN), reported changes in his beneficial ownership of common stock.
- On February 10, 2026, Barnes transferred 41,048 shares of Knowles common stock to a family trust, of which he is a trustee and he and his immediate family are the sole beneficiaries.
- Following this transfer, Barnes directly owned 57,034 shares and indirectly owned 41,048 shares through the trust.
- On February 19, 2026, Barnes contributed the 41,048 shares of Knowles Corporation common stock from the trust to an exchange fund.
- The Knowles Corporation common stock was valued at $27.16 per share for the purpose of determining the number of shares of the exchange fund issuable to Barnes.
- After the contribution to the exchange fund, Barnes' indirect beneficial ownership through the trust became 0 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It reports routine insider transactions related to personal financial planning and diversification, rather than indicating any operational or strategic changes for Knowles Corp.
Positives
- For the reporting person, the transactions represent a strategic move for personal financial planning, including estate planning and diversification of assets through an exchange fund.
Negatives
- No direct negative implications for Knowles Corp's operational performance or financial health are indicated by these personal transactions of a director.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider transactions, such as transfers to trusts and contributions to exchange funds, are common practices for high-net-worth individuals, including corporate directors, for purposes of estate planning, tax efficiency, and portfolio diversification. These types of transactions are generally considered routine and do not typically reflect a change in the company's operational fundamentals or strategic direction.
Related Party Transactions
- Transfer of 41,048 shares of Knowles common stock to a family trust where the reporting person is a trustee and he and his immediate family are the sole beneficiaries.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are personal transactions by a director, not indicative of company performance or a significant market sale.
- Employees, Customers, Suppliers, Creditors: No direct impact from these personal financial transactions.
Key Dates
| Date | Description |
|---|---|
| 02/10/2026 | Reporting person transferred 41,048 shares of Knowles common stock to a family trust. |
| 02/19/2026 | Reporting person contributed 41,048 shares of Knowles Corporation common stock to an exchange fund. |
| 02/24/2026 | Date the Form 4 was signed by Robyn B. Martin for Keith Barnes. |
Keywords
Knowles Corp, KN, Form 4, Insider Transaction, Director, Beneficial Ownership, Stock Transfer, Family Trust, Exchange Fund
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