Form 4 for KNF Knife River Corp

Accepted 2024-02-26 00:00:00 ET · period of report 2024-02-22 · accession 0001225208-24-002957 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2024-02-26	2024-02-22	KNF	Liepitz Karl A	VP, CLO, Sec	F - Tax	$72.55	-5,243	52.7K	-9%	-$380.4K
	2024-02-26	2024-02-22	KNF	Liepitz Karl A	VP, CLO, Sec	A - Grant	$0.00	+4,348	57.9K	+8%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-02-22	F	D	5,243	$72.55	52,661	D	—	—	(F3) Represents shares withheld by issuer to cover tax withholding obligations upon vesting of a RSU award.
2	Common	Common Stock	2024-02-22	A	A	4,348	$0.00	57,904	D	—	—	(F1) Represents restricted stock units (RSUs) that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. (F2) Includes 13,678 RSUs that vested on December 31, 2023; 17,993 RSUs that vest on December 31, 2024; and 21,885 RSUs that vest on December 31, 2025, provided, in each case, that the reporting person remains employed by the issuer as of the applicable vesting date. Each RSU represents or represented, as applicable, the contingent right to receive one share of the issuer's common stock. Such RSUs were converted from certain previously granted equity-based awards of MDU Resources Group, Inc., the issuer's former parent company, in connection with approximately 90% of the issuer's outstanding common stock being distributed to shareholders of MDU Resources Group, Inc. on May 31, 2023.