CHRISTIAN BRIAN W. 4
Research Summary
AI-generated summary
KRONOS (KRO) CEO Brian W. Christian Receives 5,550-Share Award
What Happened
Brian W. Christian, President & CEO and a director of Kronos Worldwide, Inc. (KRO), was issued 5,550 shares as an award (transaction code A) on 2026-05-13. The grant was valued at $7.22 per share, totaling $40,071. This was an issuance of shares as compensation/award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (timely filing).
- Price reported: $7.22 per share; total value: $40,071.
- Shares issued: 5,550 shares (acquired for no cash consideration).
- Footnote: Shares were issued for no cash consideration to directors under the Kronos Worldwide, Inc. 2012 Director Stock Plan (per footnote F1).
- Shares owned after the transaction: not disclosed in the provided filing details.
- Transaction type: Award/grant (code A) — routine director compensation rather than a market purchase or sale.
Context
Director stock awards are commonly used as part of compensation and do not necessarily signal a change in insider sentiment. This transaction reflects a grant under the company's director plan rather than a purchase, sale, exercise, or gift with tax withholding.