{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-015055","form_type":"8-K","ticker":"KEX","cik":"0000056047","company_name":"KIRBY CORP","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.902517+00:00","generated_at":"2026-06-16T09:49:12.483674+00:00","sec_items":["2.02","5.07","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kirby Q1 EPS $0.68 vs $0.29 YoY; revenue $750M up 23%; inland marine margins low teens","bullets":["Q1 net earnings $40.7M ($0.68/share) vs $17.4M ($0.29/share) YoY; revenue $750.4M vs $610.8M.","Marine Transportation rev $412.5M (+16% YoY); inland spot rates up ~25% YoY, utilization low-mid 90%.","Distribution & Services rev $337.9M (+32% YoY); oil & gas up 38%, commercial/industrial up low double digits.","FY2023 guidance: operating cash flow $480-580M, capex $300-380M; segments expected to improve sequentially.","Stockholders elected four Class I directors, ratified KPMG, and approved say-on-pay with annual frequency vote."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-015055","json":"https://secwatch.observer/filing/0000950170-23-015055.json","markdown":"https://secwatch.observer/filing/0000950170-23-015055.md","text":"https://secwatch.observer/filing/0000950170-23-015055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/56047/000095017023015055/0000950170-23-015055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/56047/000095017023015055/kex-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:49:12.483674+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b5c3a767b280b2e4fabf57472f5600771e9e7ec","claim":"KIRBY CORP reported first quarter ended March 31, 2023 results: revenue Consolidated revenues for the 2023 first quarter were $750.4 million, net income net earnings attributable to Kirby for the first quarter ended March 31, 2023 of $40.7 million, EPS $0.68.","evidence_excerpt":"On April 27, 2023, Kirby Corporation (\"Kirby\" or the \"Company\") issued a press release announcing results for the first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/56047/000095017023015055/0000950170-23-015055-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"Consolidated revenues for the 2023 first quarter were $750.4 million"},{"label":"Net income","value":"net earnings attributable to Kirby for the first quarter ended March 31, 2023 of $40.7 million"},{"label":"EPS","value":"$0.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0271ecd1314e593245f021d5a10bde26f7d9a506","claim":"KIRBY CORP shareholders approved Advisory vote to approve executive compensation at the 2023-04-25 meeting.","evidence_excerpt":"3. The compensation of Kirby's named executive officers was approved on a non-binding advisory basis by the following vote: For 51,095,432 Against 3,544,424 Abstain 250,022 Broker non-votes 2,945,437","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/56047/000095017023015055/0000950170-23-015055-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"39abecaab941235c1cca46b1a64c53290470dbfc","claim":"KIRBY CORP shareholders approved Ratification of appointment of KPMG LLP as independent auditor at the 2023-04-25 meeting.","evidence_excerpt":"2. The Audit Committee's selection of KPMG LLP as Kirby's independent registered public accounting firm for 2023 was ratified by the following vote: For 56,879,103 Against 937,972 Abstain 18,240 Broker non-votes 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/56047/000095017023015055/0000950170-23-015055-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"991e6872859b52ae02f106d6a508aaa441757e00","claim":"KIRBY CORP shareholders approved Election of Class I Directors at the 2023-04-25 meeting.","evidence_excerpt":"1. Richard J. Alario, Susan W. Dio, David W. Grzebinski, and Richard R. Stewart were elected Class I directors of Kirby to serve until the 2026 Annual Meeting of Stockholders by the following vote: For Against Abstain Broker Non-Votes Richard J. Alario 52,092,621 2,779,907 17,350 2,945,437 Susan W. Dio 54,796,455 75,842 17,581 2,945,437 David W. Grzebinski 54,426,074 447,841 15,963 2,945,437 Richard R. Stewart 53,493,524 1,378,569 17,785 2,945,437","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/56047/000095017023015055/0000950170-23-015055-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"d7094ef281b1c97fb40bb1114a6c1ba02c04e767","claim":"KIRBY CORP shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-04-25 meeting.","evidence_excerpt":"4. Kirby’s stockholders approved, on a non-binding advisory basis, the frequency of stockholder votes on the Company’s executive compensation to be every year: 1 Year 52,179,047 2 Years 6,858 3 Years 2,622,263 Abstain 76,420 Broker non-votes 2,950,716","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/56047/000095017023015055/0000950170-23-015055-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}