David W. Grzebinski - Feb 12, 2024 Form 4 Insider Report for KIRBY CORP (KEX)

Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol
KEX
Transactions as of
Feb 12, 2024
Transactions value $
-$1,537,920
Form type
4
Date filed
2/14/2024, 10:45 AM
Previous filing
Feb 8, 2024
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEX Common Stock, par value $0.10 per share Sale -$1.54M -18K -21.33% $85.44 66.4K Feb 12, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 20, 2023.
F2 The reported price is the weighted average sales price. The sales were at prices ranging from $85.14 to $85.77 per share. The reporting person will provide, upon request by the commission staff, full information regarding the number of shares sold at each separate price.