Knowles CEO sells 142,857 shares after option exercise
Knowles Corp President & CEO Jeffrey Niew reported an exercise-and-sale transaction in company stock.
Rhea-AI Filing Summary
Knowles Corp President & CEO Jeffrey Niew reported an exercise-and-sale transaction in company stock. On May 5, 2026, he sold 142,857 shares of Knowles common stock in an open-market sale at a weighted average price of $33.25 per share, with individual trade prices ranging from $33.01 to $33.55. On the same date, he exercised a non-qualified stock option to acquire 142,857 shares of common stock at an exercise price of $16.77 per share, fully using that option grant. After these transactions, he continues to hold 883,719 shares of Knowles common stock directly.
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Insights
CEO executed a routine option exercise paired with an open-market sale, retaining a substantial remaining stake.
Knowles Corp CEO Jeffrey Niew exercised a non-qualified stock option for 142,857 shares at $16.77 per share, then sold the same number of shares in open-market trades at a weighted average of $33.25. This is a classic exercise-and-sell pattern where derivative compensation is converted into cash and common stock holdings.
Following the sale, Niew still directly owns 883,719 shares of common stock, indicating a sizable continuing position. The filing describes sales across a price range of $33.01 to $33.55, but does not mention any pre-arranged Rule 10b5-1 plan in the excerpt provided. Overall, this appears as a liquidity event tied to equity compensation rather than a directional bet on the company’s prospects.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 142,857 | $16.77 | $2.40M |
| Exercise | Common Stock | 142,857 | $16.77 | $2.40M |
| Sale | Common Stock | 142,857 | $33.25 | $4.75M |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.01 to $33.55, 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.
Key Figures
Key Terms
open-market sale financial
Non-Qualified Stock Option financial
weighted average price financial
derivative exercise/conversion financial
FAQ
What did Knowles (KN) CEO Jeffrey Niew report in this Form 4 filing?
What stock option did the Knowles (KN) CEO exercise in this transaction?
Does this Knowles (KN) Form 4 mention a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.