Niemietz Kurt A.

Niemietz Kurt A., VP of Investor Relations & Treasurer, has demonstrated a consistent pattern of reducing his holdings in Kirby Corporation (KEX) over the past two years, with no recorded purchases in his SEC Form 4 filings. His transactions, totaling $387,934 in sales, include a notable $171,180 disposition on December 1, 2025, marking his largest single sell trade. Smaller but repeated sales occurred alongside derivative transactions, including multiple $0-value "M"-coded (likely option-related) filings and several "F"-coded transactions representing stock awards or conversions, such as a $83,631.24 transaction on February 3, 2026, and a $28,314 sale on January 24, 2026. The activity suggests a focus on monetizing equity compensation rather than accumulating shares, as all non-derivative transactions since late 2025 have been sales. The absence of open-market purchases contrasts with the periodic liquidation of vested awards, including three "F"-coded dispositions in early 2026 alone. While derivative filings (coded "M") appear frequently—particularly around annual grant cycles in February—they reflect administrative adjustments rather than discretionary trades. The data indicates a neutral-to-negative bias in Niemietz’s KEX exposure, with his most recent discretionary sale occurring in late 2025 and subsequent activity limited to the disposition of granted shares.