KIRBY CORP — fact timeline

KIRBY CORP shareholders approved Amendment of the 2005 Stock and Incentive Plan at the 2026-04-27 meeting.

“Amendment of the 2005 Stock and Incentive Plan as described above”

KIRBY CORP shareholders approved Non-binding advisory approval of compensation of named executive officers at the 2026-04-27 meeting.

“The compensation of Kirby’s named executive officers was approved on a non-binding advisory basis by the following vote:”

KIRBY CORP shareholders approved Ratification of selection of KPMG LLP as independent registered public accounting firm for 2026 at the 2026-04-27 meeting.

“The Audit Committee’s selection of KPMG LLP as Kirby’s independent registered public accounting firm for 2026 was ratified by the following vote:”

KIRBY CORP shareholders approved Election of Class I Directors at the 2026-04-27 meeting.

“Richard J. Alario, Tracy A. Embree, and David W. Grzebinski were elected Class I directors of Kirby to serve until the 2029 Annual Meeting of Stockholders by the following vote:”

KIRBY CORP reported first quarter ended March 31, 2026 results: revenue $844.1 million, net income $81.2 million, or $1.50 per share, EPS $1.50. Guidance raised.

“Kirby Corporation (“Kirby” or “the Company”) (NYSE: KEX) today announced net earnings attributable to Kirby for the first quarter ended March 31, 2026, of $81.2 million, or $1.50 per share, compared with earnings of $76.0 million, or $1.33 per share, for the 2025 first quarter. Total revenues for the 2026 first quarter were $844.1 million compared with $785.7 million reported for the 2025 first quarter.”

KIRBY CORP incurred revolving credit of $200 million with JPMorgan Chase Bank, N.A., as administrative agent at SOFR plus an interest rate margin which ranges from 87.5 to 150 basis points maturing March 26, 2031.

“to 60 percent (with all calculations based on definitions contained in the 2031 Credit Agreement). As of the effective date of the 2031 Credit Agreement, Kirby had approximately $200 million outstanding under the revolving credit facility. Borrowings were used to refinance the outstanding indebtedness under the 2027 Credit Agreement (including the $70 million balance”

KIRBY CORP amended Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at $750 million revolver, $500 million accordion; SOFR+87.5-150bps or base+0-50bps; commitment fee 7-20 (effective 2026-03-26).

“On March 26, 2026, Kirby Corporation (“Kirby”) entered into an amended and restated credit agreement (the “2031 Credit Agreement”) with JPMorgan Chase Bank, N.A. (“JPMorgan”), as administrative agent, and certain lenders and issuing banks party thereto.”

Amy D. Husted was appointed as Executive Vice President, General Counsel and Secretary at KIRBY CORP.

“On July 29, 2024, Amy D. Husted, age 55, was appointed the Company's Executive Vice President, General Counsel and Secretary.”

KIRBY CORP: Amended bylaws to allow separation of CEO role from Chairman and President, and clarify CEO role (effective 2024-04-26).

“On April 26, 2024, the Board of Directors (the “Board”) of Kirby Corporation (the “Company”) amended the bylaws of the Company (as amended or modified from time to time, the “Bylaws”), which became effective on that date, in order to, among other things, provide that the role of Chief Executive Officer may be a separate office from the Chairman of the Board or the President and to clarify the role of the Chief Executive Officer, if a separate office.”

KIRBY CORP shareholders approved Advisory approval of the compensation of Kirby’s named executive officers at the 2024-04-26 meeting.

“The compensation of Kirby’s named executive officers was approved on a non-binding advisory basis by the following vote: For 38,734,276 Against 15,319,817 Abstain 385,748 Broker non-votes 2,159,985”

KIRBY CORP shareholders approved Ratification of KPMG LLP as independent registered public accounting firm for 2024 at the 2024-04-26 meeting.

“The Audit Committee's selection of KPMG LLP as Kirby’s independent registered public accounting firm for 2024 was ratified by the following vote: For 54,572,860 Against 2,005,701 Abstain 21,265 Broker non-votes 0”

KIRBY CORP shareholders approved Election of three Class II directors to serve until the 2027 Annual Meeting at the 2024-04-26 meeting.

“Tanya S. Beder, Barry E. Davis, and Susan W. Dio were elected Class II directors of Kirby to serve until the 2027 Annual Meeting of Stockholders by the following vote: For Against Abstain Broker Non-Votes Tanya S. Beder 53,146,925 1,273,303 19,613 2,159,985 Barry E. Davis 53,805,503 615,522 18,816 2,159,985 Susan W. Dio 54,334,125 85,545 20,171 2,159,985”

David W. Grzebinski changed role as Chief Executive Officer at KIRBY CORP.

“David W. Grzebinski’s title changed to Chief Executive Officer.”

Christian G. O’Neil was appointed as President and Chief Operating Officer at KIRBY CORP.

“Christian G. O’Neil, was appointed as Kirby’s President and Chief Operating Officer.”

Christian G. O'Neil was appointed as President and Chief Operating Officer at KIRBY CORP.

“With effect on April 26, 2024 at the conclusion of the Company’s 2024 Annual Stockholder Meeting, Christian G. O’Neil, 52, will be appointed as Kirby’s President and Chief Operating Officer.”

Rocky B. Dewbre departed as Director at KIRBY CORP.

“Rocky B. Dewbre will not stand for election as a Director at the conclusion of his term which expires on April 26, 2024.”

Richard J. Alario changed role as Chairman of the Board at KIRBY CORP.

“Richard J. Alario will succeed Mr. Pyne as Chairman of the Board effective as of the 2024 Annual Meeting.”

Joseph H. Pyne departed as Chairman of the Board at KIRBY CORP.

“Joseph H. Pyne has decided to retire and not stand for re-election as a Class II Director of the Company upon the expiration of his current term, which expires at the Company’s 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”), currently anticipated to be held on April 26, 2024.”

KIRBY CORP reported the third quarter ended September 30, 2023 results: revenue $764.8 million, net income $63.0 million or $1.05 per share, EPS $1.05.

“Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the third quarter ended September 30, 2023 of $63.0 million or $1.05 per share, compared with earnings of $39.1 million, or $0.65 per share for the 2022 third quarter. Consolidated revenues for the 2023 third quarter were $764.8 million compared with $745.8 million reported for the 2022 third quarter.”

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.

“On April 27, 2023, Kirby Corporation ("Kirby" or the "Company") issued a press release announcing results for the first quarter ended March 31, 2023.”

KIRBY CORP shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-04-25 meeting.

“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”

KIRBY CORP shareholders approved Advisory vote to approve executive compensation at the 2023-04-25 meeting.

“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”

KIRBY CORP shareholders approved Ratification of appointment of KPMG LLP as independent auditor at the 2023-04-25 meeting.

“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”

KIRBY CORP shareholders approved Election of Class I Directors at the 2023-04-25 meeting.

“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”

KIRBY CORP entered into Cooperation Agreement with JCP Investment Management, LLC and certain of its affiliates and associates (collectively, "JCP") (effective 2023-02-03).

“On February 3, 2023, Kirby Corporation (the “Company”) entered into a Cooperation Agreement (the “Cooperation Agreement”) with JCP Investment Management, LLC and certain of its affiliates and associates (collectively, “JCP”) regarding matters relating to the election of members of the Company’s Board of Directors (the “Board”) and certain other matters.”

Rocky B. Dewbre was elected as Director at KIRBY CORP.

“On February 3, 2023, the Company increased the size of the Board from 10 to 11 directors and elected Mr. Dewbre to fill the vacancy, to serve as a Class II director until the 2024 Annual Meeting.”

KIRBY CORP reported the 2022 full year results: revenue $2.78 billion, net income $122.3 million, EPS $2.03 per share. Guidance initiated.

“For the 2022 full year, Kirby reported net earnings attributable to Kirby of $122.3 million or $2.03 per share, compared with a net loss of ($247.0) million or ($4.11) per share for 2021. Excluding one-time items in both years, 2022 net earnings attributable to Kirby were $126.6 million or $2.10 per share, compared with $33.7 million or $0.56 per share for 2021. Consolidated revenues for 2022 were $2.78 billion compared with $2.25 billion for 2021.”

KIRBY CORP reported the fourth quarter ended December 31, 2022 results: revenue $730.2 million, net income $37.3 million, EPS $0.62 per share. Guidance initiated.

“Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2022 of $37.3 million or $0.62 per share, compared with earnings of $11.0 million, or $0.18 per share for the 2021 fourth quarter. Excluding one-time items in both quarters, net earnings attributable to Kirby were $40.3 million or $0.67 per share, compared with earnings of $16.7 million, or $0.27 per share, in the year ago period. Consolidated revenues for the 2022 fourth quarter were $730.2 million compared with $591.3 million in the 2021 fourth quarter.”

Susan W. Dio was elected as Class I Director at KIRBY CORP.

“On January 24, 2023, the Board of Directors of Kirby Corporation (“Kirby”) expanded the size of the Board of Directors from nine to ten directors and elected Susan W. Dio to fill the vacancy, to serve as a Class I director until the Annual Meeting of Stockholders in 2023.”

KIRBY CORP incurred senior notes of $240 million of 3.51% senior notes with a group of institutional investors at 3.51% maturing January 19, 2033.

“On February 3, 2022, as previously disclosed in the Current Report on Form 8-K filed by Kirby Corporation (“Kirby” or the “Company”) with the Securities and Exchange Commission on February 8, 2022, Kirby entered into a Note Purchase Agreement with a group of institutional investors (the “Note Purchase Agreement”) for the issuance of $300 million of unsecured fixed-rate senior notes.”

KIRBY CORP: Amended bylaws to address Rule 14a-19 proxy requirements and clarify remote meeting procedures (effective 2022-10-25).

“On October 25, 2022, the Board of Directors (the “Board”) of Kirby Corporation (the “Company”) amended the bylaws of the Company (as amended or modified from time to time, the “Bylaws”), which became effective on that date, in order to, among other things: • Address recently adopted amendments to Rule 14a-19 under the Securities Exchange Act of 1934, as amended, by requiring that any person soliciting proxies in support of a director nominee other than the Board’s nominees provide a representation that such person will comply with Rule 14a-19 and deliver reasonable evidence to the Company that the Rule 14a-19 requirements have been met; and • Clarify the Company’s ability to conduct meetings by means of remote communication and the Board’s authority to designate the location for stockholder meetings.”

Joseph H. Reniers resigned as President – Kirby Distribution & Services, Inc. at KIRBY CORP.

“Joseph H. Reniers resigned from his position as President – Kirby Distribution & Services, Inc., a subsidiary of the Company, effective May 20, 2022.”

Joseph H. Reniers resigned as President – Kirby Distribution & Services, Inc. at KIRBY CORP.

“On May 20, 2022, Joseph H. Reniers resigned as President – Kirby Distribution & Services, Inc. to pursue other personal and professional interests.”

William G. Harvey retired as other_named_officer at KIRBY CORP.

“Mr. Harvey's last day of employment with the Company is March 2, 2022.”

William G. Harvey changed role as Chief Financial Officer at KIRBY CORP.

“Mr. Harvey relinquished his title of Chief Financial Officer.”

Raj Kumar was appointed as Executive Vice President and Chief Financial Officer at KIRBY CORP.

“Effective November 29, 2021, Mr. Kumar joined the Company as Executive Vice President and Chief Financial Officer”

William G. Harvey retired as Chief Financial Officer at KIRBY CORP.

“Mr. Harvey will relinquish his title of Chief Financial Officer but will remain an Executive Vice President of the Company until his retirement date in early 2022”

Raj Kumar was appointed as Executive Vice President and Chief Financial Officer at KIRBY CORP.

“Raj Kumar will be joining the Company as Executive Vice President and Chief Financial Officer effective November 2021 (date to be determined)”

William G. Harvey departed as Executive Vice President and Chief Financial Officer at KIRBY CORP.

“On July 27, 2021, William G. Harvey, 63, currently Kirby Corporation’s Executive Vice President and Chief Financial Officer (CFO) informed the Company that he intends to retire in the first quarter of 2022.”

Shawn D. Williams was elected as Class III Director at KIRBY CORP.

“On July 27, 2021, the Board of Directors of Kirby Corporation (“Kirby”) elected Shawn D. Williams to serve as a Class III director until the Annual Meeting of Stockholders in 2022.”