Kirby (NYSE: KEX) VP Niemietz vests 493 RSUs, withholds 220 shares

Q: What did Kirby (KEX) executive Kurt A. Niemietz report in this Form 4?

The filing shows that 493 restricted stock units held by VP IR & Treasurer Kurt A. Niemietz vested and were converted into 493 shares of Kirby common stock, with a portion of the resulting shares withheld to pay taxes.

Q: How many Kirby (KEX) RSUs vested for Kurt A. Niemietz and at what price?

493 restricted stock units vested for Kurt A. Niemietz on January 24, 2026 . They were converted into common stock at an exercise price of $0 per share, consistent with typical RSU vesting.

Q: How many Kirby (KEX) shares were withheld for taxes in this Form 4?

The Form 4 reports that 220 shares of Kirby common stock were withheld using transaction code F at a price of $128.70 per share to satisfy tax withholding obligations from the RSU vesting.

Q: Is this Kirby (KEX) Form 4 a discretionary sale or routine equity vesting?

The reported activity reflects routine equity vesting and associated tax withholding : RSUs converted to common stock at $0 and shares withheld at $128.70 per share to cover taxes, rather than an open-market discretionary sale.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Kirby Corporation VP IR & Treasurer Kurt A. Niemietz reported routine equity compensation activity. On January 24, 2026, 493 restricted stock units were converted into the same number of shares of Kirby common stock at $0 per share, reflecting the vesting of a prior equity grant. Immediately afterward, 220 shares of common stock were withheld at $128.70 per share to cover tax obligations associated with the vesting. Following these transactions, Niemietz directly owned 1,231 shares of Kirby common stock.

Insider Trade Summary

493 shares exercised/converted

Mixed 3 txns

Insider Niemietz Kurt A.

Role VP IR & Treasurer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	493	$0.00	--
Exercise	Common Stock, par value $0.10 per share	493	$0.00	--
Tax Withholding	Common Stock, par value $0.10 per share	220	$128.70	$28K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock, par value $0.10 per share — 1,451 shares (Direct)

Footnotes (1)

Each restricted stock unit represents a contingent right to receive cash or one share of common stock of the issuer. These restricted stock units granted on January 29, 2021, vest in five equal annual installments beginning on January 24, 2022. 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.

Form 4 Insider Transactions: What Each Field Means →

01/27/2026 - 02:19 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Niemietz Kurt A.

(Last)

(First)

(Middle)

55 WAUGH DRIVE

SUITE 1000

(Street)

HOUSTON

77007

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
KIRBY CORP [ KEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP IR & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
01/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.10 per share	01/24/2026		M		493	A	$0⁽¹⁾	1,451	D
Common Stock, par value $0.10 per share	01/24/2026		F		220	D	$128.7	1,231	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	01/24/2026		M			493	⁽²⁾	⁽²⁾	Common Stock	493	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive cash or one share of common stock of the issuer.

2. These restricted stock units granted on January 29, 2021, vest in five equal annual installments beginning on January 24, 2022. 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.

	Ronald A. Dragg, Agent and Attorney-in-Fact	01/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Kirby (KEX) executive Kurt A. Niemietz report in this Form 4?

The filing shows that 493 restricted stock units held by VP IR & Treasurer Kurt A. Niemietz vested and were converted into 493 shares of Kirby common stock, with a portion of the resulting shares withheld to pay taxes.

How many Kirby (KEX) RSUs vested for Kurt A. Niemietz and at what price?

493 restricted stock units vested for Kurt A. Niemietz on January 24, 2026. They were converted into common stock at an exercise price of $0 per share, consistent with typical RSU vesting.

How many Kirby (KEX) shares were withheld for taxes in this Form 4?

The Form 4 reports that 220 shares of Kirby common stock were withheld using transaction code F at a price of $128.70 per share to satisfy tax withholding obligations from the RSU vesting.

How many Kirby (KEX) shares does Kurt A. Niemietz own after these transactions?

After the RSU conversion and tax withholding, Kurt A. Niemietz directly owned 1,231 shares of Kirby common stock, as reported in the filing.

What are the terms of the vested Kirby (KEX) restricted stock units?

The filing explains that each restricted stock unit represents a right to receive cash or one share of Kirby common stock. These units were granted on January 29, 2021 and vest in five equal annual installments beginning January 24, 2022, with delivery of cash or shares on or as soon as practicable after each vesting date.

Is this Kirby (KEX) Form 4 a discretionary sale or routine equity vesting?

The reported activity reflects routine equity vesting and associated tax withholding: RSUs converted to common stock at $0 and shares withheld at $128.70 per share to cover taxes, rather than an open-market discretionary sale.