PERNA ROBERT J 4
4 · Knowles Corp · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Knowles (KN) SVP Robert Perna Receives Stock Awards
What Happened
Robert J. Perna, SVP, General Counsel & Secretary of Knowles Corporation, received equity awards and had shares withheld to cover tax obligations. On Feb 17, 2026 he was credited with 34,725 shares (performance-share settlement) valued at $27.14 each (aggregate $942,437) and 13,817 restricted stock units (RSUs). To satisfy withholding, 15,384 shares were surrendered on Feb 17 at $27.14 ($417,522) and an additional 2,818 shares were withheld on Feb 18 at $27.16 ($76,537). The net result was receipt of award shares alongside routine tax-withholding dispositions.
Key Details
- Transaction dates and prices:
- 2026-02-17: Award/settlement — 34,725 shares @ $27.14 (reported value $942,437) (Code A)
- 2026-02-17: Tax withholding — 15,384 shares @ $27.14 (disposed, $417,522) (Code F)
- 2026-02-17: Award/RSU grant — 13,817 shares @ $0.00 (Code A)
- 2026-02-18: Tax withholding — 2,818 shares @ $27.16 (disposed, $76,537) (Code F)
- Footnotes:
- PSU settlement tied to performance goals for the 2023–2025 period (F1).
- Withholding of shares to pay taxes related to the PSU settlement and RSU vesting (F2, F4).
- RSUs vest ratably over three years from the first anniversary of the award (F3).
- Filings refer to Rule 16b-3 compliance for withholding.
- Shares owned after the transaction: not specified in the provided filing.
- Filing: Form 4 filed 2026-02-19 (for transactions dated 2026-02-17); no late filing flag indicated.
Context
This filing reflects compensation-related equity awards (PSUs and RSUs) being settled and routine share-withholding to cover tax liabilities. Awards are considered receipt of company stock as compensation rather than an open-market purchase (which some investors view as a stronger positive signal). The withheld shares are a common, administrative step and do not necessarily reflect a voluntary sale by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-17$27.14/sh+34,725$942,437→ 95,165 total - Tax Payment
Common Stock
[F2]2026-02-17$27.14/sh−15,384$417,522→ 79,781 total - Award
Common Stock
[F3]2026-02-17+13,817→ 93,598 total - Tax Payment
Common Stock
[F4]2026-02-18$27.16/sh−2,818$76,537→ 90,780 total
- 9,221(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Represents the settlement of performance share units (PSUs) that were previously granted under the Knowles Corporation Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2023 through December 31, 2025.
- [F2]These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 6, 2023 in accordance with Rule 16b-3.
- [F3]Restricted Stock Units granted under the Knowles Corporation 2018 Equity and Cash Incentive Plan that vest ratably over three years commencing on the first anniversary of the award.
- [F4]These shares represent the payment of the tax liability by withholding securities incident to the vesting of a restricted stock grant issued on February 18, 2025 in accordance with Rule 16b-3.