Form 4: Kronos Worldwide Director Receives Stock Award
Statement of Changes in Beneficial Ownership
Kronos Worldwide Inc. director Cecil H. Moore Jr. received a stock award under the company's 2012 Director Stock Plan.
Summary
- Cecil H. Moore Jr., a Director at Kronos Worldwide Inc., was granted 5,550 shares of common stock on May 13, 2026.
- This award was made under the Kronos Worldwide, Inc. 2012 Director Stock Plan and was issued for no cash consideration.
- Following this transaction, Mr. Moore beneficially owns 36,324 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock award to a director under an existing plan and does not indicate significant new financial information or strategic shifts.
Positives
- Director compensation through stock awards can align management interests with shareholders.
- The issuance of stock under a plan indicates ongoing equity-based incentive programs.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that the issuance of stock awards to directors is a common practice in the chemicals industry to incentivize long-term performance and align executive interests with shareholders.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Stock Plan | Award of common stock to director Cecil H. Moore Jr. under the Kronos Worldwide, Inc. 2012 Director Stock Plan. | 05/13/2026 | Reinforces existing director compensation structure and aligns director interests with company performance. |
Related Party Transactions
- Award of 5,550 shares of common stock to Director Cecil H. Moore Jr. under the company's 2012 Director Stock Plan.
Stakeholder Impact
- Shareholders: The stock award is a form of compensation, which is an expense for the company. However, it also aligns director interests with shareholder value creation.
- Employees: This filing does not directly impact employees, but it reflects the company's compensation practices for its board members.
- Management: The award is part of the compensation structure for directors.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Transaction Date (Stock award granted) |
| 05/14/2026 | Date of signature on the filing |
Keywords
Kronos Worldwide, KRO, Form 4, Director Stock Plan, Stock Award, Beneficial Ownership, SEC Filing
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