---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-009778"
form_type: "8-K"
ticker: "KEX"
cik: "0000056047"
company_name: "KIRBY CORP"
filed_at: "2023-03-24T23:59:59+00:00"
generated_at: "2026-06-17T17:16:21.442002+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Kirby amends 2023 AIP to add ROTC metric for Corporate Division

## Summary
- Compensation Committee approved amended 2023 AIP Guidelines on March 24, 2023.
- New performance measure: return on total capital (ROTC) weighted 10% for Corporate Division.
- Prior weights: 40% EBITDA, 40% EPS, 20% OP/ESG; new: 40% EBITDA, 30% EPS, 20% OP/ESG, 10% ROTC.
- Change intended to incentivize capital utilization to generate earnings.
- Amended guidelines filed as Exhibit 10.1.

## SEC filing metadata
- accession: 0000950170-23-009778
- form_type: 8-K
- ticker: KEX
- cik: 0000056047
- company_name: KIRBY CORP
- filed_at: 2023-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56047/000095017023009778/0000950170-23-009778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56047/000095017023009778/kex-20230324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-009778
- JSON: https://secwatch.observer/filing/0000950170-23-009778.json
- Plain text: https://secwatch.observer/filing/0000950170-23-009778.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.