Crowley Daniel J 4
Research Summary
AI-generated summary
Knowles (KN) Director Daniel J. Crowley Receives RSU Award
What Happened
Daniel J. Crowley, a director of Knowles Corporation (KN), was granted 6,265 restricted stock units (RSUs) on 2026-04-28 at a grant value of $30.33 per share, totaling approximately $190,017. This transaction is an award/grant (code A) reported on Form 4 and represents compensation for services as a director, not an open-market purchase.
Key Details
- Transaction date: 2026-04-28; Form 4 filed: 2026-04-29 (filed the next day; appears timely under the Form 4 reporting window).
- Price/value: $30.33 per share; total value ≈ $190,017.
- Shares granted: 6,265 RSUs.
- Shares owned after transaction: Not reported in the supplied data.
- Footnote: RSUs awarded under the Knowles Corporation 2018 Equity and Cash Incentive Plan; the RSUs will vest on the first anniversary of the grant (subject to continued service and plan terms).
- Transaction code: A = Award/Grant.
Context
RSUs are a form of compensation that convert to actual shares only upon vesting and may be forfeited if vesting conditions aren't met. This award reflects director compensation rather than a buy/sell decision in the open market, so it should be interpreted as a compensation event rather than a direct bullish or bearish trading signal.