Chiodo Patricia 4

What Happened Patricia Chiodo, a director of Knife River Corporation (KNF), received an award of 2,040 restricted stock units (RSUs) on 2026-05-20. The RSUs were granted at $0.00 per unit (total reported value $0) and represent the contingent right to receive one share of common stock per RSU upon vesting. This is a grant of compensation rather than a purchase or sale.

Key Details

• Transaction date: 2026-05-20; Form 4 filed 2026-05-21 (timely).
• Award: 2,040 RSUs granted at $0.00 (total $0 reported).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: RSUs vest on the day immediately prior to the issuer’s next annual meeting of stockholders and only if the reporting person remains in service on the board through the vesting date.
• No 10b5-1 plan, tax-withholding sale, or sale transaction reported in this filing.

Context RSUs are a form of equity compensation that convert to actual shares only upon vesting; they are not an immediate cash purchase or sale. Director RSU grants are commonly used to compensate and retain board members and do not by themselves indicate the director is buying or selling stock for investment purposes.