Kronos (KRO) Director Meredith W. Mendes Receives 5,550-Share Award

What Happened

• Meredith W. Mendes, a director of Kronos Worldwide, Inc. (KRO), was granted 5,550 shares on 2026-05-13. The award is reported as an acquisition (code A) at a reported per-share value of $7.22, for a total value of $40,071.
• This was an issuance to a director (not an open-market purchase or sale) and represents compensation rather than a classic buy or sell transaction.

Key Details

• Transaction date: 2026-05-13; Filing date: 2026-05-14 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 5,550 at $7.22 per share; total reported value $40,071.
• Shares owned after transaction: not provided in the excerpt.
• Footnote: F1 — shares were issued for no cash consideration to directors under the Kronos Worldwide, Inc. 2012 Director Stock Plan.
• No indication of a 10b5-1 plan, cashless sale, tax withholding, or late filing in the provided data.

Context

• Director awards are commonly part of routine compensation and do not necessarily reflect the director’s personal buying or selling intent. They increase insider ownership but should be interpreted differently from open-market purchases or sales.
• For retail investors, such grants are informative about compensation and insider ownership trends but are not a direct bullish/bearish trading signal on their own.