Amy D. Husted - 28 May 2024 Form 4 Insider Report for KIRBY CORP (KEX)

Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Issuer symbol
KEX
Transactions as of
28 May 2024
Net transactions value
-$746,591
Form type
4
Filing time
29 May 2024, 09:26:39 UTC
Previous filing
08 Feb 2024
Next filing
06 Aug 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 Options Exercise $215,402 +2,853 +28% $75.50 13,133 28 May 2024 Direct
transaction KEX Common Stock, par value $0.10 per share Sale $961,992 -7,853 -60% $122.50 5,280 28 May 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KEX Employee Stock Options (Right to Buy) Options Exercise $0 -2,853 -50% $0.000000 2,853 28 May 2024 Common Stock 2,853 $75.50 Direct
* 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 February 26, 2024.