Sale of 12,000 KN (NYSE: KN) shares planned in Rule 144 notice
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
KN has filed a notice of proposed sale of 12,000 shares of its common stock under Rule 144. The shares have an aggregate market value of $321,170.55, with 85,151,884 common shares outstanding. The planned sale date is February 9, 2026 on the NYSE through Morgan Stanley Smith Barney LLC.
The seller acquired these shares through restricted stock awards and option exercises from the issuer between 2021 and 2025, using cash for exercised shares where indicated. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer’s operations and acknowledges potential federal criminal penalties for intentional misstatements or omissions.
Positive
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Negative
- None.
FAQ
What does the Rule 144 filing for KN disclose?
The filing discloses a planned sale of 12,000 KN common shares under Rule 144. These shares, valued at $321,170.55, are expected to be sold on the NYSE, providing transparency about a significant shareholder’s intended disposition of stock.
What representations does the seller make in the KN Rule 144 notice?
The seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. They also acknowledge that intentional misstatements or omissions can constitute federal criminal violations under 18 U.S.C. 1001.