AI brief of an SEC Form 8-K · Knowles (KN)

Knowles grants CEO Jeffrey Niew special performance share award tied to EPS and revenue

Neutral Impact 2 of 5 leadership Written later

On February 18, 2025, Knowles's board and Compensation Committee granted CEO Jeffrey Niew a special award of performance share units with a target of 81,788 units and a grant date fair value of $1.5 million. The units vest only if Knowles meets Adjusted EPS and revenue goals over a performance period that starts January 1, 2025, and the award is forfeited if he leaves the CEO role, so it ties his pay to company results.

Key points

  • Target award of 81,788 performance share units, with a grant date fair value of $1.5 million
  • Target payout requires Adjusted EPS of $1.50 and revenue of $800 million; payout can reach 400% of target
  • Initial performance period runs January 1, 2025 to December 31, 2027, with up to eight quarters of extension
  • Award is forfeited if Niew's employment ends or he ceases to be CEO before the performance period ends

The filing

CompanyKnowles (KN)
Form8-K, current report
Filed with the SECFeb 24, 2025, 6:07 PM ET
Accession number0001587523-25-000025

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 24, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.