Knife River (KNF) director receives 2,040 RSUs vesting before next annual meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOSS PATRICIA L reported acquisition or exercise transactions in this Form 4 filing.
Knife River Corp director Patricia L. Moss received a grant of 2,040 restricted stock units (RSUs) of common stock. The award was reported at a price of $0.00 per unit, reflecting compensation rather than a market purchase. Following this grant, Moss directly holds 31,874 shares or share-equivalent units.
The RSUs vest on the day immediately prior to the date of the next Knife River annual meeting of stockholders after the grant date, provided she continues serving on the board through that vesting date. Each RSU represents the right to receive one share of Knife River common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOSS PATRICIA L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,040 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,874 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,040 shares
Grant price: $0.00 per share
Holdings after grant: 31,874 shares
3 metrics
RSU grant size
2,040 shares
Restricted stock units awarded to director Patricia L. Moss
Grant price
$0.00 per share
Reported transaction price for RSU award
Holdings after grant
31,874 shares
Total direct holdings following RSU grant
Key Terms
restricted stock units (RSUs), annual meeting of stockholders, contingent right
3 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.
annual meeting of stockholders financial
"...on the day immediately prior to the date of the next Knife River Corporation annual meeting of stockholders..."
contingent right financial
"Each RSU represents the contingent right to receive one share of the issuer's common stock."
FAQ
What did Knife River (KNF) director Patricia L. Moss report on this Form 4?
Director Patricia L. Moss reported receiving 2,040 restricted stock units (RSUs) of Knife River common stock. The grant was recorded at $0.00 per unit as part of director compensation, increasing her direct holdings to 31,874 shares or share-equivalent units after the transaction.
How many Knife River (KNF) RSUs were granted to Patricia L. Moss and at what price?
Patricia L. Moss was granted 2,040 restricted stock units (RSUs) of Knife River common stock. The RSUs were reported with a transaction price of $0.00 per share, indicating an award of equity compensation rather than an open-market stock purchase.
When do Patricia L. Moss’s Knife River (KNF) RSUs vest?
The RSUs granted to Patricia L. Moss vest on the day immediately prior to the date of the next Knife River annual stockholder meeting after the grant. Vesting is conditioned on her continued service on the company’s board of directors through that vesting date.
What does each Knife River (KNF) RSU granted to Patricia L. Moss represent?
Each RSU granted to Patricia L. Moss 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 deliverable to the reporting person.
What are Patricia L. Moss’s Knife River (KNF) holdings after this RSU grant?
After receiving the 2,040 RSU grant, Patricia L. Moss directly holds 31,874 shares or share-equivalent units of Knife River common stock. This figure includes the newly awarded RSUs as part of her overall equity position reported in the Form 4 filing.