Kirby Corp (NYSE: KEX) EVP Husted vests RSUs and withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kirby Corp executive Amy D. Husted reported routine equity compensation activity. On February 3, 2026, she acquired 7,319 shares of common stock through the vesting and settlement of restricted stock units at $0 per share.
To cover tax obligations, 2,882 shares of common stock were withheld at a price of $120.68 per share, leaving Husted with 17,814 common shares held directly after the transactions. Multiple restricted stock unit grants continue to vest annually, each giving a right to cash or one share of Kirby common stock, at the company’s election.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,319 shares exercised/converted
Mixed
6 txns
Insider
Husted Amy D.
Role
Exec VP General Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,273 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,219 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,911 | $0.00 | -- |
| Exercise | Restricted Stock Units | 916 | $0.00 | -- |
| Exercise | Common Stock, par value $0.10 per share | 7,319 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.10 per share | 2,882 | $120.68 | $348K |
Holdings After Transaction:
Restricted Stock Units — 2,273 shares (Direct);
Common Stock, par value $0.10 per share — 20,696 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 28, 2022, vest in five equal annual installments beginning on February 3, 2023. 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. These restricted stock units granted on February 1, 2023, vest in five equal annual installments beginning on February 3, 2024. 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. These restricted stock units granted on February 2, 2024, vest in five equal annual installments beginning on February 3, 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. These restricted stock units granted on January 31, 2025, vest in five equal annual installments beginning on February 3, 2026. 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.
FAQ
What insider transaction did Amy D. Husted report at Kirby Corp (KEX)?
Amy D. Husted reported vesting of restricted stock units converting into 7,319 Kirby common shares on February 3, 2026. These shares came from previously granted RSUs that settled at $0 per share as part of her equity compensation.
What does transaction code M signify in Amy D. Husted’s Kirby Corp (KEX) filing?
Transaction code M indicates the exercise or settlement of derivative securities, here restricted stock units. On February 3, 2026, multiple RSU tranches converted into Kirby common stock at $0 per share as they reached their scheduled vesting dates.
How do Amy D. Husted’s Kirby Corp (KEX) restricted stock units vest over time?
Her restricted stock units generally vest in five equal annual installments, with grants from 2022, 2023, 2024, and 2025 each starting to vest one year after grant. On each vesting date, Kirby may deliver cash or shares at its election.
What is Amy D. Husted’s role at Kirby Corp (KEX) mentioned in the Form 4?
Amy D. Husted is identified as an Executive Vice President, General Counsel and Secretary of Kirby Corp. The reported RSU vesting and related share withholding are part of her executive equity compensation program, rather than an open-market stock purchase.