Research Summary
AI-generated summary of this SEC filing
Knowles (KN) CEO Jeffrey Niew Sells 200,000 Shares
What Happened
- Jeffrey Niew, President & CEO and a director of Knowles Corporation (KN), reported open-market sales totaling 200,000 shares between Aug 12–14, 2026. The sales were: 150,000 shares on 2026-08-12 at a weighted average price of $39.07 ($5,860,500); 43,049 shares on 2026-08-13 at $38.69 ($1,665,566); and 6,951 shares on 2026-08-14 at $38.00 ($264,138). Aggregate proceeds were approximately $7.79 million. These were sales (not purchases).
Key Details
- Transaction dates & reported prices:
- 2026-08-12: 150,000 shares, weighted avg $39.07, proceeds $5,860,500 (footnote: per-trade prices ranged $38.79–$39.58).
- 2026-08-13: 43,049 shares, weighted avg $38.69, proceeds $1,665,566 (footnote: part of multi-trade range $38.00–$39.17).
- 2026-08-14: 6,951 shares, weighted avg $38.00, proceeds $264,138 (same weighted-price footnote range $38.00–$39.17).
- Total: 200,000 shares sold for ~$7,790,204.
- Shares owned after the transactions: not specified in the information provided.
- Footnotes: F1 indicates the trades were executed under a Rule 10b5-1 trading plan adopted May 13, 2026. F2/F3 note reported prices are weighted averages across multiple trades; the filer will provide per-trade breakdown on request.
- Filing timeliness: Report filed 2026-08-14 for a period beginning 2026-08-12 — the Form 4 appears to have been filed on schedule (not labeled late).
Context
- The sales were executed under a prearranged 10b5-1 plan, which typically means trades were scheduled in advance and may not reflect current views on the company. The filing shows ordinary-course open-market sales (transaction code S). For retail investors, purchases are generally more informative about insider confidence; disclosed sales like this are common and do not by themselves indicate company performance changes.