Husted Amy D. 4

What Happened
Amy D. Husted, Executive Vice President, General Counsel & Secretary of Kirby Corporation (KEX), exercised 8,667 stock options (reported as an exercise/conversion) at a reported exercise price of $73.29 per share (total exercise cost ≈ $635,204). On the same day she disposed of 11,667 shares in an open‑market sale for a weighted average price of $129.33 per share, generating approximately $1,508,893 in proceeds. The filing also shows a disposition of 8,667 derivative shares at $0.00.

Key Details

• Transaction date: February 20, 2026; Form 4 filed February 23, 2026 (filed within normal reporting timeframe).
• Exercise: 8,667 shares acquired at $73.29 each (≈ $635,204).
• Market sale: 11,667 shares sold at a weighted average price of $129.33 (≈ $1,508,893). Footnote: sale prices ranged from $129.31 to $129.49; the filer can provide per‑trade breakdown to SEC staff upon request.
• Derivative disposition: 8,667 shares reported as disposed at $0.00 (reported as a derivative transaction in the filing).
• Shares owned after the transaction: not provided in the excerpt of the filing you shared.

Context

• This combination of entries (option exercise plus immediate share sale/disposition) is commonly seen when insiders exercise options and then sell shares to cover the exercise cost, taxes, or to take proceeds; the filing here shows both the exercise (acquisition) and sales. The separate line showing a derivative disposition at $0.00 may reflect shares surrendered in settlement or withholding related to the exercise (the filing lists it as a derivative disposition).
• The sale is a disposition (routine liquidity) rather than a new purchase; purchases typically draw more attention as a bullish signal.
• All figures above are taken from the Form 4 filing (Accession No. 0001193125-26-063250).