Kirby Corp (KEX) executive exercises 8,667 options and sells 11,667 shares
Rhea-AI Filing Summary
Kirby Corp executive Amy D. Husted reported a combined option exercise and share sale. On February 20, 2026, she exercised 8,667 employee stock options, converting them into the same number of Kirby common shares at an exercise price of $73.29 per share.
That same day, she sold 11,667 common shares in an open-market transaction at a weighted average price of $129.33 per share, with individual sale prices ranging from $129.31 to $129.49. After these transactions, she directly owned 14,814 Kirby shares.
Positive
- None.
Negative
- None.
Insights
Routine option exercise paired with partial share sale, net shares decrease.
Amy D. Husted, an executive at Kirby Corp, exercised 8,667 stock options on February 20, 2026, receiving common shares at an exercise price of $73.29. This is a typical use of equity awards to convert derivative securities into stock.
She then sold 11,667 common shares in the open market at a weighted average price of $129.33 per share, leaving her with 14,814 directly held shares. The filing notes sales occurred between $129.31 and $129.49, indicating orderly execution around a narrow trading range.
The transactions result in a net reduction of common shares held, but they follow a standard pattern of exercising options and selling shares. The disclosure does not indicate any special arrangements beyond ordinary open-market activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Options (Right to Buy) | 8,667 | $0.00 | -- |
| Exercise | Common Stock, par value $0.10 per share | 8,667 | $73.29 | $635K |
| Sale | Common Stock, par value $0.10 per share | 11,667 | $129.33 | $1.51M |
Footnotes (1)
- [object Object]