Kirby (NYSE: KEX) VP Woodruff sells 475 shares at $120.68
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kirby Corporation VP of Public and Government Affairs William Matthew Woodruff reported equity compensation activity involving company stock. On February 3, 2026, multiple restricted stock unit awards were converted into common stock, resulting in the acquisition of 1,109 shares of Kirby common stock at a stated price of $0 per share.
On the same date, 475 common shares were disposed of at $120.68 per share. After these transactions, Woodruff directly beneficially owned 2,687 shares of Kirby common stock. He also continues to hold several blocks of restricted stock units that vest in five equal annual installments, with delivery of cash or shares on or around each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,109 shares exercised/converted
Mixed
6 txns
Insider
Woodruff William Matthew
Role
VP of Public and Govt Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 303 | $0.00 | -- |
| Exercise | Restricted Stock Units | 278 | $0.00 | -- |
| Exercise | Restricted Stock Units | 299 | $0.00 | -- |
| Exercise | Restricted Stock Units | 229 | $0.00 | -- |
| Exercise | Common Stock, par value $0.10 per share | 1,109 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.10 per share | 475 | $120.68 | $57K |
Holdings After Transaction:
Restricted Stock Units — 303 shares (Direct);
Common Stock, par value $0.10 per share — 3,162 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 Kirby (KEX) VP William Matthew Woodruff report?
William Matthew Woodruff reported equity compensation transactions on February 3, 2026. Restricted stock units were converted into 1,109 Kirby common shares at a stated price of $0 per share, and 475 common shares were disposed of at $120.68 per share the same day.
What restricted stock unit activity did Kirby VP Woodruff report?
Woodruff reported multiple restricted stock unit conversions on February 3, 2026, covering blocks of 303, 278, 299, and 229 units. Each unit represents a contingent right to receive cash or one Kirby common share, with delivery on or around scheduled annual vesting dates.
How do William Matthew Woodruff’s restricted stock units vest at Kirby?
The restricted stock units vest in five equal annual installments starting on specified February vesting dates for each grant. On each vesting date, Kirby may deliver either cash or shares of common stock to Woodruff on or as soon as practicable after that date, at the company’s election.
What is William Matthew Woodruff’s role at Kirby Corporation?
According to the filing, William Matthew Woodruff serves as Kirby Corporation’s Vice President of Public and Government Affairs. The reported transactions reflect his equity compensation in the form of restricted stock units and related Kirby common share activity on February 3, 2026.