Knife River director awarded 2,040 RSUs
Rhea-AI Filing Summary
Carmona-Alvarez German reported acquisition or exercise transactions in this Form 4 filing.
Knife River Corp director Carmona-Alvarez German received an equity award in the form of restricted stock units. On May 20, 2026, the director was granted 2,040 shares of Knife River common stock at a price of $0.00 per share, reflecting a stock-based compensation grant rather than a market purchase. Following this award, the director directly holds 9,025 shares of common stock.
The footnote explains these are restricted stock units that vest on the day immediately prior to the next Knife River annual stockholder meeting after the grant date, as long as the director continues serving on the board through that vesting date. Each RSU represents the right to receive one share of Knife River common stock when it vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,040 shares
Net Buy
1 txn
Insider
Carmona-Alvarez German
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,040 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 9,025 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units (RSUs) that vest on the day immediately prior to the date of the next Knife River Corporation (the "issuer") annual meeting of stockholders occurring after the date of grant and subject to the reporting person continuing in service on the board of directors of the issuer through such vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.
Key Figures
RSUs granted: 2,040 units
Grant price: $0.00 per share
Shares after transaction: 9,025 shares
+1 more
4 metrics
RSUs granted
2,040 units
Restricted stock units granted on May 20, 2026
Grant price
$0.00 per share
Equity award, not open-market purchase
Shares after transaction
9,025 shares
Total common stock directly held following grant
Vesting condition
Next annual meeting
RSUs vest immediately before next Knife River annual meeting
Key Terms
restricted stock units (RSUs), vest, contingent right, grant, award, or other acquisition
4 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) that vest on the day immediately prior..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vest financial
"RSUs that vest on the day immediately prior to the date of the next..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each RSU represents the contingent right to receive one share of the issuer's common stock."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Knife River (KNF) report for Carmona-Alvarez German?
Knife River reported that director Carmona-Alvarez German received 2,040 restricted stock units as an equity award. These units were granted at a price of $0.00 per share, reflecting stock-based compensation rather than an open-market share purchase.
When do the newly granted RSUs for Knife River (KNF) vest?
The restricted stock units vest on the day immediately prior to Knife River’s next annual meeting of stockholders after the grant date. Vesting is contingent on the director continuing to serve on the board through that vesting date, as described in the footnote.
What does each Knife River (KNF) restricted stock unit represent in this grant?
Each restricted stock unit represents a contingent right to receive one share of Knife River common stock. Once the vesting conditions are satisfied, the RSUs convert into an equivalent number of common shares delivered to the director as part of equity compensation.
Was the Knife River (KNF) director’s Form 4 transaction an open-market stock purchase?
No. The Form 4 describes a grant of 2,040 restricted stock units at a price of $0.00 per share. This indicates a compensation-related equity award, not an open-market buy or sell transaction executed through a stock exchange or broker.
AI-generated analysis. How Rhea-AI works. Not financial advice.
