Knowles Corp (KN) COO executes Rule 10b5-1 sale of 20,201 shares, keeps large stake
Rhea-AI Filing Summary
Knowles Corp Senior Vice President & COO Daniel J. Giesecke reported selling 20,201 shares of Knowles common stock. The open-market sales took place on May 27, 2026 in two transactions: 10,012 shares at $37.31 per share and 10,189 shares at $37.33 per share.
According to a footnote, the reported prices are weighted averages, with individual trades executed in a range from $37.00 to $38.19 per share. After these sales, Giesecke directly holds 175,855 shares of Knowles common stock. The filing states that the transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 25, 2026.
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Insights
COO executes pre-planned sale of ~20k Knowles shares, retains sizable stake.
Senior Vice President & COO Daniel J. Giesecke sold 20,201 shares of Knowles Corp common stock in open-market transactions on May 27, 2026, at weighted-average prices around the $37 level. The filing shows these are straightforward non-derivative stock sales, not option exercises or conversions.
A footnote specifies the trades were made under a Rule 10b5-1 trading plan adopted on February 25, 2026, indicating the sales were pre-scheduled rather than opportunistic. After the transactions, Giesecke still directly holds 175,855 shares, suggesting he maintains a meaningful equity position even after the net-sell activity.
Because the transaction size is modest relative to his remaining holdings and tied to a pre-planned program, this filing typically reads as routine portfolio diversification or liquidity management rather than a strong signal on Knowles’ fundamentals. The disclosure mainly updates investors on insider ownership levels at recent market prices.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,189 | $37.33 | $380K |
| Sale | Common Stock | 10,012 | $37.31 | $374K |
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 25, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $38.19, inclusive. The reporting person undertakes to provide to Knowles Corporation, any security holder of Knowles Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased/sold at each separate price within the ranges set forth in this footnote to this Form 4.