Giesecke Daniel J. 4
Research Summary
AI-generated summary
Knowles (KN) SVP & COO Daniel Giesecke Sells Shares
What Happened
Daniel J. Giesecke, Senior Vice President and Chief Operating Officer of Knowles Corporation, sold a total of 20,201 shares in open-market transactions on May 27, 2026. The filings report two dispositions: 10,189 shares at $37.33 each (≈ $380,355) and 10,012 shares at $37.31 each (≈ $373,548), for a combined proceeds of about $753,903. These were sales (disposals), which are often routine rather than a signal of company performance.
Key Details
- Transaction date: May 27, 2026 (filed on May 29, 2026). Filing appears timely under Form 4 rules.
- Reported trades:
- 10,189 shares sold at $37.33 — $380,355
- 10,012 shares sold at $37.31 — $373,548
- Footnotes of note:
- F1: Transactions were effected under a Rule 10b5-1 trading plan adopted Feb 25, 2026 (prearranged plan).
- F2: The reported price is a weighted average; the shares were sold in multiple transactions at prices ranging from $37.00 to $38.19. The filer will provide a breakdown by price on request.
- Shares owned after the transactions: not disclosed in the information provided.
Context
- These were outright sales (S), not purchases or option exercises. Sales under a 10b5-1 plan are pre-scheduled and generally treated as routine insider liquidity rather than a real-time expression of sentiment. For retail investors, purchases tend to carry more informational weight than prearranged sales.