Knowles CEO Sells $4.75M in Stock After Option Exercise Near 52-Week High
summarizeSummary
Knowles Corp's President and CEO, Jeffrey Niew, sold approximately $4.75 million in common stock after exercising options, a notable insider disposition occurring near the stock's 52-week high.
check_boxKey Events
-
CEO Sells Shares
President and CEO Jeffrey Niew sold 142,857 shares of common stock on the open market for approximately $4.75 million on May 5, 2026.
-
Option Exercise Precedes Sale
The sale followed the exercise of 142,857 non-qualified stock options at an exercise price of $16.77 per share, valued at approximately $2.40 million.
-
Key Executive Transaction
The transaction was made by a top executive, the President and CEO, who also serves as a Director.
-
Stock Near 52-Week High
This disposition occurred while Knowles Corp's stock is trading near its 52-week high of $34.67.
auto_awesomeAnalysis
President and CEO Jeffrey Niew sold approximately $4.75 million worth of common stock on the open market, following the exercise of stock options. This significant disposition by a top executive, occurring while the stock is trading near its 52-week high, can be interpreted as the CEO monetizing gains. This transaction contributes to a broader pattern of insider distribution observed in recent months for Knowles Corp, which investors may view as a signal of reduced direct equity exposure by leadership.
At the time of this filing, KN was trading at $33.96 on NYSE in the Manufacturing sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $15.85 to $34.67. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.