David W. Grzebinski - 01 Mar 2023 Form 4 Insider Report for KIRBY CORP (KEX)

Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Issuer symbol
KEX
Transactions as of
01 Mar 2023
Transactions value $
-$217,410
Form type
4
Filing time
28 Mar 2023, 17:21:06 UTC
Previous filing
07 Feb 2023
Next filing
04 Apr 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 -$217K -3K -3.45% $72.47 84K 01 Mar 2023 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 This item reports the sale of 3,000 shares which was previously not reported due to an inadvertent administrative error.
F2 These shares were sold pursuant to Rule 10b5-1 trading plan adopted by the reporting person on February 17, 2023.