Cabrera Raymond D. 4

What Happened

• Raymond D. Cabrera, SVP and Chief HR Officer of Knowles Corp (KN), exercised 25,210 stock options on May 13, 2026. The exercise price was $16.77 per share (total $422,772). To cover the exercise price and tax withholding, 17,599 shares were surrendered/withheld at $36.62 per share (value reported $644,475). Net shares retained from the exercise = 25,210 − 17,599 = 7,611 shares.

Key Details

• Transaction date: 2026-05-13; Form 4 filed 2026-05-14 (covers the May 13 transaction).
• Option exercise: 25,210 shares at $16.77 (total reported $422,772).
• Withholding/tax payment: 17,599 shares at $36.62 (total reported $644,475). Footnote: these shares were withheld to pay the option exercise price and tax liability.
• Net new shares retained from the exercise: 7,611 shares.
• Shares owned after transaction: not specified in the provided summary.
• Filing appears timely (filed the day after the reported transaction).

Context

• This was an option exercise with shares withheld (a cashless-type transaction) to cover taxes/exercise costs, not an open-market sale. Withholding for taxes is routine and does not necessarily signal the insider’s market view.
• Transaction codes: M = option exercise/conversion (acquisition of shares via options); F = payment of exercise price or tax liability by withholding securities.