Kerin Matthew P 4
Research Summary
AI-generated summary
Kirby (KEX) VP IR/Treasurer Matthew P. Kerin Receives RSU Award
What Happened
- Matthew P. Kerin, Vice President of Investor Relations and Treasurer at Kirby Corp (KEX), received a grant of 2,530 restricted stock units (RSUs) on February 20, 2026. The grant is reported at $0.00 per unit (derivative award), so no cash was exchanged at grant.
Key Details
- Transaction date and price: 2026-02-20; grant reported at $0.00 per unit (derivative award code A).
- Quantity: 2,530 restricted stock units (RSUs).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Vesting and delivery (footnotes): each RSU is a contingent right to receive either cash or one share of common stock; the RSUs vest in five equal annual installments beginning February 21, 2027, and the company may deliver cash or shares at each vesting date.
- Filing timing: Form 4 was filed on 2026-02-24 (four days after the reported transaction). Form 4s are typically due within two business days of the transaction, so review the full filing for any late-filing explanation.
Context
- This is a standard equity compensation grant (an award of RSUs), not an open-market purchase or sale. RSU grants are common for retention and compensation and do not by themselves indicate the insider bought or sold company stock; value is realized only when units vest and are settled in cash or shares.