David W. Grzebinski - Oct 3, 2023 Form 4 Insider Report for KIRBY CORP (KEX)

Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol
KEX
Transactions as of
Oct 3, 2023
Transactions value $
-$402,700
Form type
4
Date filed
10/4/2023, 11:46 AM
Previous filing
Sep 7, 2023
Next filing
Dec 5, 2023

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 -$403K -5K -7.25% $80.54 64K Oct 3, 2023 Direct F1
* 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 17, 2023.