[Form 4] KIRBY CORP Insider Trading Activity

Rhea-AI Filing Summary

Kirby Corp executive Kumar Raj reported routine equity compensation activity. On February 3, 2026, the Exec VP and CFO exercised restricted stock units, receiving 5,458 shares of common stock at $0 per share, increasing his directly held stake to 9,702 shares of Kirby common stock.

On the same date, 2,208 common shares at a price of $120.68 were withheld or disposed of under code "F," typically reflecting shares used to cover tax obligations, leaving him with 7,494 directly owned shares. The filing also details multiple restricted stock unit grants from 2022–2025, each vesting in five equal annual installments, with settlement in cash or Kirby common stock at the company’s election.

Insider Trade Summary

5,458 shares exercised/converted

Mixed 6 txns

Insider Kumar Raj

Role Exec VP and CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,455	$0.00	--
Exercise	Restricted Stock Units	1,498	$0.00	--
Exercise	Restricted Stock Units	1,314	$0.00	--
Exercise	Restricted Stock Units	1,191	$0.00	--
Exercise	Common Stock, par value $0.10 per share	5,458	$0.00	--
Tax Withholding	Common Stock, par value $0.10 per share	2,208	$120.68	$266K

Holdings After Transaction: Restricted Stock Units — 1,455 shares (Direct); Common Stock, par value $0.10 per share — 9,702 shares (Direct)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Kumar Raj

(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)
	Exec VP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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	02/03/2026		M		5,458	A	$0(1)	9,702	D
Common Stock, par value $0.10 per share	02/03/2026		F		2,208	D	$120.68	7,494	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/03/2026		M			1,455	(2)	(2)	Common Stock	1,455	$0	1,455	D
Restricted Stock Units	(1)	02/03/2026		M			1,498	(3)	(3)	Common Stock	1,498	$0	2,996	D
Restricted Stock Units	(1)	02/03/2026		M			1,314	(4)	(4)	Common Stock	1,314	$0	3,942	D
Restricted Stock Units	(1)	02/03/2026		M			1,191	(5)	(5)	Common Stock	1,191	$0	4,764	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 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.

3. 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.

4. 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.

5. 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.

	Ronald A. Dragg, Agent and Attorney-in-Fact	02/05/2026
	** Signature of Reporting Person	Date
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