secwatch / observer

Knife River Corp — fact timeline

Source-grounded facts extracted from Knife River Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

KNF Knife River Corp JSON
Shareholder Votes

Knife River Corp shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2026 at the 2026-05-20 meeting.

“3. Shares For Shares Against Abstentions Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2026 49,836,805 1,769,228 53,033”
Shareholder Votes

Knife River Corp shareholders approved Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers at the 2026-05-20 meeting.

“2. Shares For Shares Against Abstentions Broker Non-Votes Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers 45,322,044 1,777,385 103,741 4,455,896”
Shareholder Votes

Knife River Corp shareholders approved Election of Two Class III Directors at the 2026-05-20 meeting.

“1. Shares For Shares Against Abstentions Broker Non-Votes Proposal to Elect Two Class III Directors: Karen B. Fagg 44,894,087 2,265,537 43,546 4,455,896 Brian R. Gray 47,091,577 60,554 51,039 4,455,896”

Marney L. Kadrmas was named as Senior Vice President of Financial Strategy at Knife River Corp.

“On May 20, 2026, Marney L. Kadrmas was named Senior Vice President of Financial Strategy, instead of her former title as Vice President and Chief Accounting Officer, effective as of May 21, 2026.”

Peggy S. Rebstock was appointed as Vice President, Chief Accounting Officer and Controller at Knife River Corp.

“On May 20, 2026, the board of directors (the “Board”) of Knife River Corporation (the “Company”) appointed Peggy S. Rebstock, the Company’s current Vice President of Financial Planning and Analysis, to serve as the Vice President, Chief Accounting Officer and Controller of the Company, effective May 21, 2026.”
Material Agreements

Knife River Corp amended Second Amendment with JPMorgan Chase Bank, N.A., as administrative agent valued at $400 million (effective 2026-05-15).

“On May 15, 2026, Knife River Corporation (the “Company”) and certain of its subsidiaries entered into that certain Second Amendment (the “Second Amendment”) with the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent, amending that certain Credit Agreement, dated as of May 31, 2023 (as previously amended, restated, amended and restated, supplemented or otherwise modified, the “Credit Agreement”), among the Company, the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent. Pursuant to the terms of the Second Amendment, the Company increased the existing term B loans (the “Existing Term B Loans”) by an aggregate principal amount of $400 million and reduced the interest rate margin applicable thereto by 0.25%.”
Debt Financings

Knife River Corp amended term loan of $400 million with JPMorgan Chase Bank, N.A., as administrative agent at 1.75% per annum, in the case of SOFR loans, or 0.75% per annum, in the case of a.

“On May 15, 2026, Knife River Corporation (the “Company”) and certain of its subsidiaries entered into that certain Second Amendment (the “Second Amendment”) with the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent, amending that certain Credit Agreement, dated as of May 31, 2023 (as previously amended, restated, amended and restated, supplemented or otherwise modified, the “Credit Agreement”), among the Company, the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent. Pursuant to the terms of the Second Amendment, the Company increased the existing term B loans (the “Existing Term B Loans”) by an aggregate principal amount of $400 million and reduced the interest rate margin applicable thereto by 0.25%.”
Earnings Releases

Knife River Corp reported Three Months Ended March 31, 2026 results: revenue $ 410.1, net income $ (79.2), EPS $ (1.40).

“Three Months Ended March 31, (In millions, except per share) 2026 2025 % Change Revenue $ 410.1 $ 353.5 16 % Net loss $ (79.2) $ (68.7) (15) % Net loss margin (19.3) % (19.4) % Adjusted EBITDA $ (31.8) $ (38.0) 16 % Adjusted EBITDA margin (7.8) % (10.7) % Net loss per share $ (1.40) $ (1.21) (16) %”
Governance Changes

Knife River Corp: Removed supermajority voting requirements and made other immaterial, non-substantive and ministerial changes via Second Amended and Restated Bylaws (effective 2025-05-22).

“on May 22, 2025, the Board of Directors of the Company amended and restated the Company’s Amended and Restated Bylaws (as amended and restated, the “Second Amended and Restated Bylaws”), effective as of that date, to similarly remove the related two-thirds (66 2 / 3 %) supermajority voting requirements to align with the Second Amended and Restated Certificate of Incorporation, as well as make other immaterial, non-substantive and ministerial changes.”
Governance Changes

Knife River Corp: Eliminated supermajority voting requirements and made other immaterial, non-substantive and ministerial changes via Second Amended and Restated Certificate of Incorporation (effective 2025-05-22).

“the Company’s stockholders approved the amendment and restatement of the Company’s Amended and Restated Certificate of Incorporation to eliminate the two-thirds (66 2 / 3 %) supermajority voting requirements and make other immaterial, non-substantive and ministerial changes (as amended and restated, the “Second Amended and Restated Certificate of Incorporation”)”
Debt Financings

Knife River Corp incurred term loan of $500 million with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR plus 2.00% per annum or alternate base rate plus 1.00% per annum maturing March 7, 2032 (seventh anniversary of Effective Date).

“On March 7, 2025 (the “Effective Date”), Knife River Corporation (the “Company”) and certain of its subsidiaries entered into that certain First Amendment (the “First Amendment”) with the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent, amending that certain Credit Agreement, dated as of May 31, 2023 (as previously amended, supplemented or otherwise modified prior to such date, the “Credit Agreement”), among the Company, the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent. The First Amendment provides for (a) a five-year, senior secured revolving credit facility with aggregate commitments in an amount equal to $500 million (the “Revolving Credit Facility”), (b) a five-year, senior secured term loan facility in an aggregate principal amount equal to approximately $265 million (the “Term Loan A Facility”) and (c) a seven-year, senior secured term loan facility in an aggregat”
Debt Financings

Knife River Corp amended term loan of approximately $265 million with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR or alternate base rate plus applicable rate based on consolidated tota maturing March 7, 2030 (fifth anniversary of Effective Date).

“On March 7, 2025 (the “Effective Date”), Knife River Corporation (the “Company”) and certain of its subsidiaries entered into that certain First Amendment (the “First Amendment”) with the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent, amending that certain Credit Agreement, dated as of May 31, 2023 (as previously amended, supplemented or otherwise modified prior to such date, the “Credit Agreement”), among the Company, the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent. The First Amendment provides for (a) a five-year, senior secured revolving credit facility with aggregate commitments in an amount equal to $500 million (the “Revolving Credit Facility”), (b) a five-year, senior secured term loan facility in an aggregate principal amount equal to approximately $265 million (the “Term Loan A Facility”) and (c) a seven-year, senior secured term loan facility in an aggregat”
Debt Financings

Knife River Corp amended revolving credit of $500 million with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR or alternate base rate plus applicable rate based on consolidated tota maturing March 7, 2030 (fifth anniversary of Effective Date).

“On March 7, 2025 (the “Effective Date”), Knife River Corporation (the “Company”) and certain of its subsidiaries entered into that certain First Amendment (the “First Amendment”) with the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent, amending that certain Credit Agreement, dated as of May 31, 2023 (as previously amended, supplemented or otherwise modified prior to such date, the “Credit Agreement”), among the Company, the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent. The First Amendment provides for (a) a five-year, senior secured revolving credit facility with aggregate commitments in an amount equal to $500 million (the “Revolving Credit Facility”), (b) a five-year, senior secured term loan facility in an aggregate principal amount equal to approximately $265 million (the “Term Loan A Facility”) and (c) a seven-year, senior secured term loan facility in an aggregat”

Nancy K. Christenson departed as Vice President of Administration at Knife River Corp.

“On January 17, 2025, Nancy K. Christenson, Vice President of Administration of Knife River Corporation (the “Company”), informed the Company of her decision to retire from the Company in April of 2025.”

Patricia Chiodo was appointed as Director at Knife River Corp.

“On June 27, 2024, the Board of Directors (the “Board”) of Knife River Corporation (the “Company”), pursuant to the Amended and Restated Certificate of Incorporation of the Company and the Amended and Restated Bylaws of the Company, approved an increase of the size of the Board from six directors to seven directors, and appointed Patricia Chiodo to the Board as a Class II director, effective June 27, 2024, to serve until the 2025 Annual Meeting of Stockholders.”
Shareholder Votes

Knife River Corp shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2024 at the 2024-05-14 meeting.

“4. Shares For Shares Against Abstentions Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2024 47,100,467 2,765,139 73,903”
Shareholder Votes

Knife River Corp shareholders approved Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers at the 2024-05-14 meeting.

“3. Shares For Shares Against Abstentions Broker Non-Votes Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers 41,673,105 1,440,727 131,134 6,694,543”
Shareholder Votes

Knife River Corp shareholders approved Advisory Vote to Approve the Frequency of Future Advisory Votes to Approve the Compensation Paid to the Company’s Named Executive Officers at the 2024-05-14 meeting.

“2. 1 Year 2 Years 3 Years Abstentions Broker Non-Votes Advisory Vote to Approve the Frequency of Future Advisory Votes to Approve the Compensation Paid to the Company’s Named Executive Officers 41,183,718 240,663 1,649,725 170,860 6,694,543”
Shareholder Votes

Knife River Corp shareholders approved Election of Two Class I Directors at the 2024-05-14 meeting.

“1. Shares For Shares Against Abstentions Broker Non-Votes Proposal to Elect Two Class I Directors: German Carmona Alvarez 33,523,704 9,653,443 67,819 6,694,543 Thomas W. Hill 42,978,282 198,478 68,206 6,694,543”
Earnings Releases

Knife River Corp reported financial results for fourth quarter and full-year ended December 31, 2023.

“Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the fourth quarter and full-year ended December 31, 2023.”
Earnings Releases

Knife River Corp reported the third quarter ended September 30, 2023 results: revenue $1,090.4, net income $146.7, EPS $2.58. Guidance raised.

“today announced financial results for the third quarter ended September 30, 2023. Third Quarter Financial Highlights (In millions, except per share) 2023 2022 % Change Revenue $1,090.4 $975.4 12% Gross profit $269.4 $184.5 46% Net income $146.7 $99.7 47% EBITDA $241.4 $172.1 40% EBITDA margin 22.1% 17.6% Adjusted EBITDA $247.5 $173.1 43% Adjusted EBITDA margin”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.