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Form 4: Hastings Trevor J reports disposition transactions in KNF

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hastings Trevor J reported disposition transactions in a Form 4 filing for KNF. The filing lists transactions totaling 7,479 shares at a weighted average price of $81.74 per share. Following the reported transactions, holdings were 45,229 shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hastings Trevor J

(Last) (First) (Middle)
1150 WEST CENTURY AVENUE

(Street)
BISMARCK ND 58503

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Knife River Corp [ KNF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President & COO
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 F 2,880(1) D $81.74 45,229 D
Common Stock 02/12/2026 F 4,599(1) D $81.74 40,630 D
Common Stock - 401(k)(2) 1,484.1909 I By Trustee
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
2. As of the most recent quarter end, the number of shares may fluctuate daily depending on plan activity in the fund.
/s/ Karl A. Liepitz, Power of Attorney 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Knife River (KNF) report for Trevor J. Hastings?

Knife River (KNF) reported that Trevor J. Hastings had shares withheld to cover taxes on restricted stock vesting. On February 12, 2026, the issuer withheld 2,880 and 4,599 common shares at $81.74 per share as tax-withholding dispositions.

Was the Knife River (KNF) Form 4 a stock sale by Trevor J. Hastings?

The Form 4 did not report an open-market stock sale by Trevor J. Hastings. It showed shares withheld by the issuer at $81.74 per share to satisfy tax withholding obligations when restricted stock unit awards vested on February 12, 2026.

How many Knife River (KNF) shares does Trevor J. Hastings own after the reported Form 4?

After the reported tax-withholding dispositions, Trevor J. Hastings beneficially owned 45,229 and 40,630 Knife River common shares directly. He also indirectly held 1,484.1909 shares in a 401(k) plan by trustee, with amounts subject to normal plan-related fluctuations.

What does transaction code F mean in the Knife River (KNF) Form 4?

Transaction code F on the Knife River Form 4 indicates payment of a tax liability or exercise price using shares. Here it reflects shares withheld by the issuer to cover tax withholding obligations when restricted stock unit awards vested for Trevor J. Hastings.

How were Trevor J. Hastings’ 401(k) holdings in Knife River (KNF) reported?

The Form 4 shows Trevor J. Hastings indirectly owning 1,484.1909 Knife River common shares through a 401(k) plan by trustee. The footnote explains this balance is as of the most recent quarter end and may change daily with normal plan activity.
Knife River Ord Shs When Issued

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KNF Stock Data

5.14B
56.48M
Building Materials
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
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United States
BISMARCK