SVP & General Counsel Perna sells 56,130 shares (85.9% of holdings) for $1,149,115.81 at Knowles Corp
PERNA ROBERT J, serving as SVP, General Counsel & Secretary, executed 2 separate sales totaling 56,130 shares for $1,149,115.81 at $20.47 on 2025-07-28, reducing his holdings from 65,351 shares to 9,221 shares post-transaction. The transaction occurred at the company's 52-week high of $20.84, and represents an 85.9% reduction in his equity stake. The company's fundamentals present a mixed picture: while the latest quarter generated revenue of $145,900,000.00 and net income of $7,800,000.00, the company faced annual revenue decline of -21.8% and was unprofitable over its most recent full fiscal year. The substantial share reduction by a senior legal executive, combined with the company's negative full-year profitability and significant revenue contraction, merits investor attention to understand the executive's motivation and whether it reflects confidence or other circumstances.