Form 4: Knowles Executive Boosts Stake with Equity Awards

Knowles Corp's SVP, General Counsel & Secretary, Robert J. Perna, reported the acquisition of shares through performance share unit settlements and restricted stock unit grants, alongside tax-related dispositions.

Summary

• Robert J. Perna, SVP, General Counsel & Secretary of Knowles Corp, reported multiple transactions involving common stock.
• Acquired 34,725 shares of common stock on February 17, 2026, at a price of $27.14 per share, resulting from the settlement of performance share units (PSUs) earned over a three-year period (January 1, 2023, to December 31, 2025).
• Disposed of 15,384 shares of common stock on February 17, 2026, at $27.14 per share, to cover tax liabilities associated with the PSU settlement.
• Acquired 13,817 shares of common stock on February 17, 2026, at a price of $0.0, representing a grant of Restricted Stock Units (RSUs) that will vest ratably over three years.
• Disposed of 2,818 shares of common stock on February 18, 2026, at $27.16 per share, to cover tax liabilities related to the vesting of a restricted stock grant issued on February 18, 2025.
• Following these transactions, Perna directly holds 90,780 shares of common stock and indirectly holds 9,221 shares through a Trust, totaling 99,901 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as an executive is increasing their direct beneficial ownership through earned equity awards, indicating confidence and alignment with company performance, despite routine tax-related dispositions.

Positives

• Executive Robert J. Perna received a significant number of shares (34,725) from the settlement of performance share units, indicating the achievement of performance goals over the 2023-2025 period.
• The grant of 13,817 Restricted Stock Units at $0.0 further aligns the executive's interests with long-term shareholder value.
• The net increase in the executive's direct beneficial ownership demonstrates continued commitment to the company.

Negatives

• Dispositions of 15,384 shares and 2,818 shares were made to cover tax liabilities, which are not voluntary sales but reduce the net shares received by the executive.

Industry Context

StockSavvy.ai notes that insider transaction reports like this Form 4 provide transparency into executive compensation and alignment with shareholder interests, which is a standard practice across publicly traded companies in all industries.

Stakeholder Impact

• Shareholders: Increased transparency regarding executive compensation and alignment of management interests with long-term company performance. The executive's increased stake may signal confidence in future growth.
• Employees: The settlement of performance share units indicates that company performance goals were met, which could be a positive signal for overall employee morale and future incentive programs.

Key Dates

Keywords

Knowles Corp, KN, Form 4, Insider Transaction, Equity Incentive Plan, Performance Share Units, Restricted Stock Units, Executive Compensation, Robert J. Perna, Stock Grant, Tax Withholding