Accepted (ET)
5:09 PM
Aug 13, 2026
Filed
Aug 13, 2026
Documents
1
Size
7.3 KB
Summary
Knowles (KN) CFO John S. Anderson Sells 40,000 Shares
What Happened
John S. Anderson, Senior Vice President and Chief Financial Officer of Knowles Corporation (KN), sold a total of 40,000 shares in two open-market transactions: 30,000 shares on 2026-08-12 at a weighted-average price of $39.07 for proceeds of $1,172,100, and 10,000 shares on 2026-08-13 at a weighted-average price of $38.84 for proceeds of $388,400. Aggregate proceeds were approximately $1,560,500. These were sales (not purchases), which are often routine disposition of holdings.
Key Details
- Transaction dates: Aug 12, 2026 (30,000 shares) and Aug 13, 2026 (10,000 shares). All transactions coded as S = Sale.
- Reported prices (weighted averages): $39.07 (Aug 12) and $38.84 (Aug 13). Per footnotes, actual sale prices ranged 38.79–39.56 (Aug 12 trades) and 38.64–39.03 (Aug 13 trades).
- Reported proceeds: $1,172,100 (Aug 12) and $388,400 (Aug 13); total ≈ $1,560,500.
- Footnote: Sales were effected under a Rule 10b5-1 trading plan adopted May 13, 2026. The filing offers to provide breakdowns of the individual trade prices on request.
- Shares owned after the transactions: not specified in the provided filing details.
- Filing date: Form 4 filed Aug 13, 2026; appears to be timely (Form 4 is generally due within two business days of the transaction).
Context
These were open-market sales executed under a pre-established 10b5-1 plan, which is a common mechanism insiders use to sell shares on a scheduled basis. That structure reduces the implication that the sales were based on nonpublic information; however, sales are generally treated as routine liquidity rather than a bullish signal.