DRAGG RONALD A 4
4 · KIRBY CORP · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Kirby Corp (KEX) VP Ronald A. Dragg Receives Award (RSUs)
What Happened
Ronald A. Dragg, Vice President and Controller of Kirby Corp (KEX), received a grant of 2,975 restricted stock units (RSUs) on January 30, 2026. The grant is reported as an award (transaction code A) with an acquisition price of $0.00 — typical for compensation awards. The RSUs are a derivative award representing a contingent right to receive cash or one share of Kirby common stock.
Key Details
- Transaction date: 2026-01-30; Form filed: 2026-02-03 (filed within the usual 2-business‑day Form 4 window).
- Amount: 2,975 RSUs granted at $0.00 (derivative award).
- Vesting: Grants vest in five equal annual installments beginning February 3, 2027 (footnote). On each vesting date, the issuer may deliver cash or shares to the reporting person.
- Shares owned after transaction: not specified in the provided filing extract.
- Notes: F1 clarifies each RSU converts to cash or one share; F2 explains vesting and issuer election of cash vs. shares.
Context
This is a routine equity compensation grant rather than an open‑market purchase or sale. RSU awards are common for executive compensation and do not by themselves indicate a buy/sell market signal; value realized will depend on vesting and whether payment is in cash or stock.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-01-30+2,975→ 2,975 total→ Common Stock (2,975 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive cash or one share of common stock of the issuer.
- [F2]These restricted stock units granted on January 30, 2026, vest in five equal annual installments beginning on February 3, 2027. Cash or shares of common stock of the issuer, at the election of the issuer, will be delivered to the reporting person on or as soon as practicable on each vesting date.