Kirby Corp's CIO Sells Nearly 4k Shares As Company Elects New Board Director

Company Overview - Kirby Corporation is a leading U.S. provider of marine transportation and specialized distribution services, operating one of the largest fleets of tank barges and towboats in the country [7] - The company reported a revenue of $3.36 billion and a net income of $354.52 million for the trailing twelve months (TTM) [4] - Kirby's stock has experienced a 1-year price change of 21.20% as of February 22, 2026, and has seen five consecutive years of annual growth [4][8] Recent Developments - On February 10, 2026, Scott P. Miller, Vice President and Chief Investment Officer, sold 3,960 common shares for approximately $478,000, which accounted for 52.62% of his direct ownership [1][6] - Following the transaction, Miller retains 3,565 shares of common stock directly held [6] Market Position - Kirby operates in an industry that is essential for the energy and industrial sectors, providing transportation services relied upon by major tech, petroleum, cargo shipping, and automobile companies [9][10] - The company is recognized as America's largest operator of tank barges, primarily transporting materials such as petrochemicals and refined petroleum products [10] Financial Performance - Kirby's strong Q4 FY 2025 earnings exceeded EPS estimates, posting $1.68, marking the best performance in a quarter [8] - The stock has already increased by 18% in the year as of February 21, 2026 [8]