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Knowles Corp·4

Feb 19, 3:35 PM ET

Cabrera Raymond D. 4

Research Summary

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Updated

Knowles (KN) SVP Raymond D. Cabrera Receives Awards, Withholds Shares

What Happened
Raymond D. Cabrera, Senior Vice President and Chief HR Officer of Knowles Corporation (KN), received equity awards and had shares withheld to satisfy tax obligations. On Feb 17, 2026 he was credited with 29,764 shares (performance share units settled) valued at about $27.14 each (total ~$807,795) and 13,817 restricted stock units (shown at $0.00 in the filing). To cover tax withholding related to these settlements/vestings, 13,184 shares were withheld on Feb 17 (valued at ~$357,814) and a further 2,818 shares were withheld on Feb 18 (valued at ~$76,537). Net across the transactions, Cabrera acquired 43,581 shares and 16,002 shares were withheld, leaving a net increase of approximately 27,579 shares.

Key Details

  • Transaction types: A = award/grant (acquisitions of PSUs/RSUs); F = shares withheld to pay tax liability (treated as dispositions for reporting).
  • Dates and prices:
    • 2026-02-17: Acquired 29,764 shares @ $27.14 (PSU settlement) — $807,795 total.
    • 2026-02-17: 13,184 shares withheld @ $27.14 — $357,814 (tax withholding).
    • 2026-02-17: Acquired 13,817 RSUs @ $0.00 (award entry).
    • 2026-02-18: 2,818 shares withheld @ $27.16 — $76,537 (tax withholding).
  • Net effect: Gross awards = 43,581 shares; total withheld = 16,002 shares; net new shares ≈ 27,579.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Notable footnotes:
    • PSU settlement was performance-based for the 2023–2025 performance period (F1).
    • Withholding shares were used to pay tax liabilities incident to PSU settlement and RSU vesting under Rule 16b-3 (F2, F4).
    • The 13,817 share line relates to restricted stock units that vest ratably over three years (F3).
  • Filing timeliness: Transactions occurred Feb 17–18, 2026 and were reported on Form 4 filed Feb 19, 2026 — within the standard two-business-day reporting window (timely).

Context: These transactions reflect the settlement/vesting of performance share units and restricted stock units and routine share withholding to cover required taxes, not an open-market sale or purchase decision by the insider. Award receipts and tax-withholding dispositions are common and typically do not by themselves indicate a change in insider sentiment.