KN Form 4: Daniel Giesecke Exercises Options, 25,864 Shares Withheld
Rhea-AI Filing Summary
Daniel J. Giesecke, Senior Vice President & COO of Knowles Corp (KN), reported option exercises on 08/22/2025. He exercised 30,145 non-qualified stock options with an exercise price of $16.07, resulting in acquisition of 30,145 common shares. To satisfy the option exercise price and tax withholding, 25,864 shares were withheld at a price of $21.57. Following these transactions the report shows beneficial ownership totaling 178,872 shares (direct). The Form 4 was filed on behalf of Mr. Giesecke by power of attorney and signed by Robyn B. Martin on 08/25/2025.
Positive
- Clear disclosure of option exercise with transaction date, exercise price and number of shares specified
- Post-transaction beneficial ownership is explicitly reported as 178,872 shares (direct)
- Form executed by authorized agent (POA), indicating procedural compliance
Negative
- 25,864 shares withheld to satisfy exercise price and taxes, reducing net shares delivered to the reporting person
Insights
TL;DR: Insider exercised options and withheld shares for taxes; net direct ownership reported at 178,872 shares.
The filing documents a routine exercise of non-qualified stock options by the companys Senior Vice President & COO. The exercise price was $16.07 for 30,145 options, and 25,864 shares were withheld to cover the exercise price and tax liabilities, reported at a withholding price of $21.57. The report shows direct beneficial ownership of 178,872 shares following the transactions. This Form 4 provides clear, transaction-level disclosure without additional commentary or forward-looking statements.
TL;DR: Standard Section 16 disclosure: option exercise and tax-withholding recorded; properly executed via POA.
The Form 4 indicates compliance with Section 16 reporting requirements: the reporting person is identified with title, the transaction and withholding amounts are specified, and the form is signed by an authorized agent under power of attorney. All material details necessary to understand the change in beneficial ownership are present and explicit in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 30,145 | $16.07 | $484K |
| Exercise | Common Stock | 30,145 | $16.07 | $484K |
| Tax Withholding | Common Stock | 25,864 | $21.57 | $558K |
Footnotes (1)
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