MILLER SCOTT P 4

What Happened
Scott P. Miller, Vice President and Chief Investment Officer of Kirby Corporation (KEX), sold 3,960 shares in an open‑market transaction on February 10, 2026. The reported weighted average sale price was $120.68 per share, for total proceeds of approximately $477,893. A footnote states the actual sale prices ranged from $120.63 to $120.93 per share.

Key Details

• Transaction date: 2026-02-10 (reported on Form 4 filed 2026-02-11).
• Transaction type: Sale (code S), open‑market.
• Shares sold: 3,960; weighted average price: $120.68; total proceeds ≈ $477,893.
• Price range (per footnote): $120.63–$120.93; weighted average reported and full breakdown available to SEC staff on request.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Filed the next day (appears timely); no 10b5‑1 plan, tax withholding, or exercise noted in the supplied data.

Context
This was a straight open‑market sale, not an option exercise, award, or gift. Sales by insiders are common and can reflect personal liquidity or portfolio management; they do not necessarily indicate a change in the insider’s view of the company. For many investors, insider purchases tend to be more informative about sentiment than routine sales.