Kn 26 is a recently identified planetary nebula (PN). To confirm its nature and study its spatio-kinematical structure, we have obtained high spatial-resolution optical and near-IR narrowband images, high-dispersion long-slit echelle spectra, and intermediate-resolution spectroscopic observations. The new data confirm the PN nature of Kn 26 and reveal features typical of bipolar PNe: hourglass morphology, H2 emission, and nitrogen enrichment. A detailed analysis of its morphology and kinematics, however, suggests the presence of one additional pair of bipolar lobes that would make Kn 26 a new member of the class of quadrupolar PNe.