Kirby Corp (NYSE: KEX) VP Dragg vests 887 RSUs, 263 shares withheld for tax

Rhea-AI Filing Summary

Kirby Corp vice president and controller Ronald A. Dragg reported the vesting of 887 restricted stock units into common stock on January 24, 2026, at an exercise price of $0 per share. To cover tax obligations, 263 common shares were withheld at a price of $128.70 per share, leaving him with 10,949 shares of Kirby common stock held directly and 1,521 shares held indirectly through a 401(k) plan.

The restricted stock units were originally granted on January 29, 2021 and vest in five equal annual installments beginning on January 24, 2022. Each unit represents a contingent right to receive either cash or one share of Kirby common stock, at the company’s election, delivered on or as soon as practicable after each vesting date.

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
Estimated average burden
hours per response:			0.5

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^*

DRAGG RONALD A

(Last) (First) (Middle)

55 WAUGH DRIVE

SUITE 1000

(Street)

HOUSTON TX 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)
	Vice President and Controller

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.10 per share	01/24/2026		M		887	A	$0(1)	11,212	D
Common Stock, par value $0.10 per share	01/24/2026		F		263	D	$128.7	10,949	D
Common Stock, par value $0.10 per share								1,521	I	401(k)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	01/24/2026		M			887	(2)	(2)	Common Stock	887	$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	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.

FAQ

What insider transaction did Kirby Corp (KEX) report for Ronald A. Dragg?

Kirby Corp reported that Ronald A. Dragg, its vice president and controller, had 887 restricted stock units convert into common stock on January 24, 2026, with related tax withholding on 263 shares at $128.70 per share.

How many Kirby Corp (KEX) shares does Ronald A. Dragg hold after this Form 4?

After the reported transactions, Ronald A. Dragg directly owns 10,949 shares of Kirby common stock and indirectly holds 1,521 shares through a 401(k) plan.

What are the terms of Ronald A. Dragg’s restricted stock units at Kirby Corp (KEX)?

The restricted stock units were granted on January 29, 2021 and vest in five equal annual installments beginning on January 24, 2022. Each unit is a contingent right to receive cash or one share of common stock, at Kirby’s election, delivered on or as soon as practicable after each vesting date.

What do the transaction codes M and F mean in this Kirby Corp (KEX) Form 4?

In this filing, code M reflects the conversion of 887 restricted stock units into common shares at an exercise price of $0. Code F reflects the use of 263 shares at $128.70 per share to satisfy tax withholding obligations related to that vesting.

What is Ronald A. Dragg’s role at Kirby Corp (KEX)?

Ronald A. Dragg is an officer of Kirby Corp, serving as vice president and controller, as disclosed in the Form 4.

How are Kirby Corp (KEX) restricted stock units settled for Ronald A. Dragg?

For this grant, Kirby may settle each restricted stock unit in cash or shares of common stock, at the company’s election, with payment made to Ronald A. Dragg on or as soon as practicable after each vesting date.