Knowles (NYSE: KN) director clarifies 6,618-share August sale
Rhea-AI Filing Summary
Knowles Corp (KN) director Cheryl L. Shavers reported selling a total of 6,618 shares of common stock on August 17, 2026, in open-market or private sale transactions at prices around $39.27–$39.28 per share. This Form 4/A does not add new trades; it amends a prior Form 4 to correct that these transactions were not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,618 shares
Net Sell
2 txns
Insider
SHAVERS CHERYL L
Role
Director
Sold
6,618 shs ($260K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 6,443 | $39.27 | $253K |
| Sale | Common Stock F1 | 175 | $39.28 | $7K |
Holdings After Transaction:
Common Stock — 35,723 shares (Direct)
Footnotes (1)
- F1. On August 18, 2026, the reporting person filed a Form 4 which inadvertently indicated that the transactions reported were made pursuant to a Rule 10b5-1 trading plan. This amended Form 4 does not report additional transactions, but rather corrects this error.
Key Figures
Shares sold (primary transaction): 6,443 shares
Shares sold (secondary transaction): 175 shares
Total shares sold: 6,618 shares
+2 more
5 metrics
Shares sold (primary transaction)
6,443 shares
Common stock sold by Cheryl L. Shavers on August 17, 2026 at $39.27 per share
Shares sold (secondary transaction)
175 shares
Common stock sold by Cheryl L. Shavers on August 17, 2026 at $39.28 per share
Total shares sold
6,618 shares
Aggregate of reported August 17, 2026 sales by Cheryl L. Shavers
Sale price (larger block)
$39.27 per share
Price for 6,443-share sale of Knowles Corp common stock
Sale price (smaller block)
$39.28 per share
Price for 175-share sale of Knowles Corp common stock
Key Terms
Form 4, Rule 10b5-1 trading plan, open market or private transaction
3 terms
Form 4 regulatory
"the reporting person filed a Form 4 which inadvertently indicated"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 10b5-1 trading plan regulatory
"inadvertently indicated that the transactions reported were made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transactions did Knowles Corp (KN) disclose in this Form 4/A?
Knowles Corp reported that director Cheryl L. Shavers sold a total of 6,618 shares of common stock on August 17, 2026 in open-market or private transactions at prices near $39.27–$39.28 per share.
What is being corrected in Knowles Corp (KN) director Cheryl Shavers’ amended Form 4?
The amendment clarifies that the August 17, 2026 stock sales were not made under a Rule 10b5-1 trading plan. The prior Form 4 had inadvertently indicated plan status; this Form 4/A fixes that disclosure without adding new transactions.
At what prices were the Knowles Corp (KN) insider sales executed on August 17, 2026?
The reported sales by Cheryl L. Shavers occurred at prices of $39.27 and $39.28 per share. One transaction covered 6,443 shares at $39.27, and another covered 175 shares at $39.28, both described as open-market or private sales.
Does this Knowles Corp (KN) Form 4/A report any new insider transactions?
No. The Form 4/A does not report additional transactions; it only corrects the prior indication that the August 17, 2026 sales were made under a Rule 10b5-1 trading plan. The share amounts and dates remain the same.
AI-generated analysis. How Rhea-AI works. Not financial advice.