Knife River Corp 10-K

ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market Information and Holders Our common stock is listed on the New York Stock Exchange under the ticker symbol "KNF.” As of February 17, 2026, our common stock was held by approximately 7,500 stockholders of record. Dividends We have not paid cash dividends on our common stock and do not anticipate declaring or paying dividends in the foreseeable future. Any future determination as to the declaration and payment of dividends will be at the discretion of the board of directors and will depend on then-existing conditions, including financial condition, results of operations, contractual restrictions, capital requirements, business prospects and other factors the board of directors considers relevant. Performance Graph The graph below compares the cumulative total return to stockholders of our common stock with the total returns of the S&P 500 Index and the S&P 400 Materials Index. The graph assumes an investment of $100 in each index, including reinvestment of dividends, beginning on June 1, 2023, the first trading day of our common stock post Separation. The stock price performance shown in the graph is not necessarily indicative of future price performance. 32 Index Cumulative Total Return June 1, 2023 December 31, 2023 December 31, 2024 December 31, 2025 Knife River Corporation $ 100.00 $ 188.98 $ 290.23 $ 200.89 S&P 500 Index $ 100.00 $ 114.03 $ 142.56 $ 168.05 S&P 400 Materials Index $ 100.00 $ 120.11 $ 117.14 $ 122.23 Purchases of Equity Securities by the Issuer None. 33 Index ITEM 6. Reserved