Knowles Corp (NYSE: KN) VP granted shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Knowles Corp Vice President and Controller Air A. Bastarrica Jr. reported two equity transactions. On February 17, 2026, he acquired 11,054 shares of common stock as a grant or award, with no cash price. On February 18, 2026, 2,143 shares were disposed to cover tax withholding at $27.16 per share related to a restricted stock vesting, a non‑open‑market, tax-payment transaction. After these transactions, he held between about 59,916 and 62,059 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bastarrica Air A. Jr.
Role
Vice President, Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,143 | $27.16 | $58K |
| Grant/Award | Common Stock | 11,054 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 59,916 shares (Direct)
Footnotes (1)
- Restricted Stock Units granted under the Knowles Corporation 2018 Equity and Cash Incentive Plan that vest ratably over three years commencing on the first anniversary of the award. These shares represent the payment of the tax liability by withholding securities incident to the vesting of a restricted stock grant issued on February 18, 2025 in accordance with Rule 16b-3.
FAQ
What insider transactions did Knowles Corp (KN) report for Air A. Bastarrica Jr.?
Knowles Corp reported that Vice President and Controller Air A. Bastarrica Jr. received an award of 11,054 common shares on February 17, 2026, and had 2,143 shares withheld on February 18, 2026, to satisfy tax liabilities tied to restricted stock vesting.
Was the Knowles (KN) insider Form 4 transaction an open-market stock sale?
The Form 4 shows no open-market sale. The 2,143-share disposition on February 18, 2026, was a tax-withholding transaction, where shares were withheld to pay taxes on a restricted stock vesting, not a discretionary sale into the market.
What stock award did the Knowles (KN) executive receive according to this Form 4?
The filing shows Air A. Bastarrica Jr. acquired 11,054 common shares on February 17, 2026, as a grant or award at a stated price of $0.00 per share, under the company’s equity and cash incentive plan with three-year ratable vesting.