Knowles Corp·4

Feb 10, 12:46 PM ET

Niew Jeffrey 4

Research Summary

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Knowles (KN) CEO Jeffrey Niew Sells 13,744 Shares for Tax Withholding

What Happened
Jeffrey Niew, President & CEO and a director of Knowles Corp (KN), had 13,744 shares withheld and disposed to cover tax liabilities related to a restricted stock vesting. The shares were withheld at $26.98 per share, totaling $370,813. This transaction is a routine tax-withholding disposition (code F), not an open-market sale intended as a directional bet.

Key Details

  • Transaction date: 2026-02-06; Price: $26.98 per share; Shares disposed: 13,744; Proceeds/value: $370,813.
  • Transaction type/code: F — shares withheld to satisfy tax withholding obligations on vested restricted stock.
  • Footnote: These shares represent withholding to pay taxes on a restricted stock grant issued on February 6, 2023, processed under Rule 16b-3 (per footnote F1).
  • Filing date: 2026-02-10 (four days after the transaction date), which is outside the typical 2-business-day Form 4 reporting window; the Form 4 shows the filing date but does not specify a reason for the delay.
  • Shares owned after the transaction: not disclosed in the supplied filing details.

Context
Tax-withholding dispositions are common when restricted stock vests; the company retains or sells shares to cover the executive’s tax bill (a "sell-to-cover" or withholding), and these actions are generally routine administrative transactions rather than signals about the insider’s view of the stock. The filing notes the grant was subject to Rule 16b-3, the standard procedure allowing certain transactions by company insiders.