Niew Jeffrey 4
Research Summary
AI-generated summary
Knowles (KN) CEO Jeffrey Niew Sells 75,000 Shares
What Happened
Jeffrey Niew, President & CEO and a director of Knowles Corporation (KN), sold a total of 75,000 shares in open-market transactions on February 6, 2026, generating total gross proceeds of $1,987,500. The sales were in three reported lots: 25,000 shares at $26.00 ($650,000), 25,000 shares at $26.50 ($662,500), and 25,000 shares reported at $27.00 ($675,000). These were sales (not purchases); such disposals are often routine and can be part of pre-planned trading programs.
Key Details
- Transaction date: February 6, 2026 (all reported sales)
- Reported prices & amounts: 25,000 @ $26.00; 25,000 @ $26.50; 25,000 @ $27.00 — total proceeds $1,987,500
- Shares owned after transaction: Not specified in this Form 4 filing
- Footnotes of note:
- F1: Sales were effected under a Rule 10b5-1 trading plan adopted Aug 13, 2025.
- F2: The $27.00 line reflects a weighted-average price for multiple transactions in the $27.00–$27.04 range; the filer offers to provide a per-price breakdown on request.
- Timeliness: Filing date and transaction date are the same (Feb 6, 2026); not indicated as late.
Context
A 10b5-1 plan means the trades were pre-scheduled and do not necessarily reflect the insider’s current view of the company; such plans are commonly used to avoid issues around trading on material nonpublic information. For retail investors, purchases typically signal stronger informational value than routine sales; these disposals should be viewed as planned liquidity rather than a directional endorsement of Knowles stock.