Knowles Corp·4

Feb 2, 5:48 PM ET

Anderson John S. 4

Research Summary

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Knowles (KN) CFO John Anderson Receives 17,396-Share Award

What Happened
John S. Anderson, Senior Vice President and Chief Financial Officer of Knowles Corporation (KN), received 17,396 shares on Jan 30, 2026 upon settlement of performance share units (PSUs). To cover the tax liability on the settlement, a total of 7,298 shares were withheld at $24.24 per share (total withholding ≈ $176,903.52), leaving a net increase of 10,098 shares. The award shows $0 acquisition price because it was a settlement of previously granted PSUs.

Key Details

  • Transaction date: January 30, 2026. Form 4 filed February 2, 2026 (timely within the two business‑day deadline).
  • Award (code A): 17,396 shares issued at $0.00 (PSU settlement).
  • Tax withholding (code F): 2,207 shares withheld for $53,498 and three withholdings of 1,697 shares each for $41,135 each; total withheld = 7,298 shares at $24.24 ($176,903.52).
  • Net shares added to Anderson’s holdings from this event: 10,098 shares.
  • Shares owned after the transaction: not stated in the filing.
  • Footnotes: F1 — settlement of PSUs granted under the 2021 Equity Incentive Plan for performance period 1/1/2021–12/31/2023; Anderson elected to defer receipt until 1/30/2026. F2 — withholding of shares to satisfy tax liability, consistent with Rule 16b‑3.

Context

  • This was a settlement of performance shares (an award), not an open‑market purchase or sale. The withholding entries (code F) are routine tax‑withholding actions and do not necessarily indicate a change in outlook.
  • For retail investors, awards like PSU settlements increase insider ownership when net shares remain after withholding; here Anderson’s net position increased by 10,098 shares.