Key transaction details
Kirby Corp (NYSE:KEX) Vice President and Controller Ronald A. Dragg executed a sale of 5,429 common shares on February 4, 2026, at a per-share price of $122, producing proceeds of $662,338, according to a Form 4 filed with the Securities and Exchange Commission. The filing also records Dragg exercising stock options that resulted in the acquisition of 2,787 shares at an exercise price of $73.29 for a total option exercise value of $204,259.
Ownership after the transactions
Following these transactions, Dragg directly holds 10,399 shares of Kirby Corp. The filings do not indicate any additional changes to his holdings beyond the sale and the option exercise.
Market context and analyst view
Kirby, a provider of marine transportation and diesel engine services, carries a market valuation of roughly $6.67 billion and is trading in the vicinity of $123 per share. Analysts continue to rate the stock as a Strong Buy. Data from InvestingPro cited in the filing shows the stock has risen by nearly 18% over the past six months and appears modestly undervalued relative to Fair Value estimates. The company’s PEG ratio is reported at 0.65, a figure that the data provider notes as indicating favorable value relative to projected growth.
Share repurchases versus insider sale
InvestingPro also highlights active share repurchase activity by Kirby’s management, an effort that stands in contrast to the insider sale by Dragg. The company is described as having a "GOOD" financial health rating in the same data set, and it is included among more than 1,400 U.S. equities with comprehensive Pro Research Reports available for deeper analysis.
Recent financial results
Kirby announced fourth-quarter 2025 results showing mixed outcomes. The company delivered earnings per share of $1.68, beating the consensus estimate of $1.63. Revenue for the quarter was $851.8 million, however, which missed the forecasted $861.68 million. The divergence between an EPS beat and a revenue shortfall is noted as a point of concern for some investors and remains under active scrutiny by analysts following the release.
Bottom line
The filings document a routine but notable insider transaction - a partial sale by a senior finance officer coupled with option exercise - occurring alongside ongoing buybacks and mixed quarterly results. Investors and analysts are monitoring Kirby’s ability to convert earnings into revenue growth while keeping an eye on capital allocation choices including repurchases and insider activity.