MILLER SCOTT P 4

What Happened Scott P. Miller, Vice President and Chief Investment Officer of Kirby Corp (KEX), was granted 3,615 restricted stock units (RSUs) on January 30, 2026. The award was reported at $0.00 per unit (derivative award), reflecting a grant of contingent rights rather than a cash purchase. This was an equity compensation award (transaction code A), not an open-market buy or sale.

Key Details

• Transaction date: January 30, 2026; Filing date: February 3, 2026 (appears timely).
• Grant: 3,615 restricted stock units; reported price $0.00 (derivative award), total reported value $0.
• Vesting: RSUs vest in five equal annual installments beginning February 3, 2027 (see footnote).
• Settlement: Each RSU represents a contingent right to receive either cash or one share of common stock; issuer elects cash or shares at each vesting date.
• Shares owned after the transaction: Not specified in the provided filing.

Context RSU grants are a common form of employee compensation and are usually intended for retention and alignment with shareholders. Because these units vest over multiple years and may be settled in cash or stock, they do not represent an immediate purchase or sale of shares and do not by themselves signal a near-term trading intention.