Kirby Corp (NYSE: KEX) EVP converts 186 RSUs; 74 shares withheld at $131.10
Rhea-AI Filing Summary
Kirby Corp Executive Vice President, General Counsel & Secretary Amy D. Husted reported the conversion of 186 restricted stock units into an equal number of common shares on August 5, 2026. These units come from an August 5, 2024 grant that vests in five equal annual installments. In a related transaction, 74 common shares were delivered or withheld at $131.10 per share for payment of exercise price or tax liability, and Husted now holds 558 restricted stock units directly. The transactions were not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 112 shares
Net Buy
3 txns
Insider
Husted Amy D.
Role
Exec VP General Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 186 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.10 per share F1 | 186 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.10 per share | 74 | $131.10 | $10K |
Holdings After Transaction:
Restricted Stock Units — 558 shares (Direct);
Common Stock, par value $0.10 per share — 10,926 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive cash or one share of common stock of the issuer.
- F2. These restricted stock units granted on August 5, 2024, vest in five equal annual installments beginning on August 5, 2025. Cash or shares of common stock of the issuer, at the election of the issuer, will be delivered to the reporting person on or as soon as practicable on each vesting date.
Key Figures
RSUs converted: 186 restricted stock units
Common shares acquired: 186 shares
Shares delivered/withheld: 74 shares
+3 more
6 metrics
RSUs converted
186 restricted stock units
Converted into common stock on August 5, 2026
Common shares acquired
186 shares
Shares of Common Stock, par value $0.10 per share, received from RSU conversion
Shares delivered/withheld
74 shares
Delivered or withheld for payment of exercise price or tax liability
Per-share value of withheld shares
$131.10 per share
Price for 74 common shares delivered or withheld
RSUs held after transaction
558 restricted stock units
Directly held by Amy D. Husted following the August 5, 2026 transaction
Grant date of RSUs
August 5, 2024
Restricted stock units vest in five equal annual installments beginning August 5, 2025
Key Terms
Restricted Stock Units, contingent right, par value $0.10 per share, vest in five equal annual installments, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive cash or one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive cash or one share of common stock"
vest in five equal annual installments financial
"These restricted stock units granted on August 5, 2024, vest in five equal annual installments"
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions did KEX executive Amy D. Husted report?
Amy D. Husted reported converting 186 restricted stock units into common stock of Kirby Corp and a related disposition of 74 common shares delivered or withheld to cover exercise price or tax liability at $131.10 per share.
How many restricted stock units does the KEX executive hold after these transactions?
Following the August 5, 2026 conversion, Amy D. Husted holds 558 restricted stock units directly. Each restricted stock unit represents a contingent right to receive cash or one share of Kirby Corp common stock, at the issuer’s election on vesting.
What are the vesting terms of Amy D. Husted’s Kirby Corp (KEX) restricted stock units?
The restricted stock units were granted on August 5, 2024 and vest in five equal annual installments beginning on August 5, 2025. On each vesting date, Kirby Corp may deliver cash or common shares to Husted.
Were Amy D. Husted’s KEX transactions executed under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked, so these transactions were not reported as being executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by Amy D. Husted.