Kirby VP Niemietz reports RSU vesting and share sale
Kirby Corp VP of Investor Relations and Treasurer Kurt A. Niemietz reported equity compensation activity involving company stock.
Rhea-AI Filing Summary
Kirby Corp VP of Investor Relations and Treasurer Kurt A. Niemietz reported equity compensation activity involving company stock. On February 3, 2026, several tranches of restricted stock units were converted into common shares at a stated price of $0 per unit.
These vested units, originally granted between 2022 and 2025, give the right to receive either cash or Kirby common stock, at the company’s election, on each vesting date. Following the conversions, 1,656 shares of common stock were acquired, and 693 shares were disposed of at $120.68 per share, typically reflecting shares withheld to cover taxes. After these transactions, Niemietz directly owned 2,194 shares of Kirby common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 455 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 416 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 418 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 367 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.10 per share | 1,656 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.10 per share | 693 | $120.68 | $84K |
Footnotes (5)
- 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 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.
- F3. 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.
- F4. 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.
- F5. 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
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What insider transaction did Kirby Corp (KEX) disclose for Kurt A. Niemietz?
What types of securities were involved in Kurt A. Niemietz’s Kirby Corp (KEX) Form 4?
When did the reported Kirby Corp (KEX) insider transactions occur?
What do the restricted stock units in the Kirby Corp (KEX) Form 4 represent?
Over what period do Kurt A. Niemietz’s Kirby Corp (KEX) RSU grants vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.