SANDBROOK WILLIAM J 4
4 · Knife River Corp · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Knife River (KNF) Director William J. Sandbrook Receives RSU Award
What Happened
- William J. Sandbrook, a director of Knife River Corporation (KNF), was granted 2,040 restricted stock units (RSUs) on 2026-05-20. The grant price is reported as $0.00 per RSU (total reported value $0 at grant). RSUs represent the contingent right to receive one share of common stock per unit upon vesting.
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-21 (appears timely).
- Grant: 2,040 RSUs @ $0.00 (reported acquisition value $0 at grant).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: These RSUs vest on the day immediately prior to the issuer’s next annual meeting of stockholders after the grant date and only if the reporting person remains in board service through that vesting date. Each RSU converts to one share when vested.
- No indication of a 10b5-1 plan, tax withholding, sale or cashless exercise in this filing.
Context
- RSU grants are a form of compensation and do not reflect an open-market purchase or sale; they typically vest over time and convert to shares only if conditions are met. This grant is routine director compensation rather than a direct bullish or bearish trading signal.
Insider Transaction Report
Form 4
SANDBROOK WILLIAM J
Director
Transactions
- Award
Common Stock
[F1]2026-05-20+2,040→ 7,735 total
Footnotes (1)
- [F1]Represents restricted stock units (RSUs) that vest on the day immediately prior to the date of the next Knife River Corporation (the "issuer") annual meeting of stockholders occurring after the date of grant and subject to the reporting person continuing in service on the board of directors of the issuer through such vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.
Signature
/s/ Karl A. Liepitz, Power of Attorney|2026-05-21