Knight-Swift counsel reports initial RSU and PRSU holdings
Knight-Swift Transportation Holdings Inc. General Counsel and Secretary Roy Soumit reported his initial beneficial ownership of equity-based awards.
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. General Counsel and Secretary Roy Soumit reported his initial beneficial ownership of equity-based awards. He holds 5,895 restricted stock units, each representing one share of Class A common stock, vesting 33% on January 31, 2027, 33% on January 31, 2028, and 34% on January 31, 2029. He also holds performance-based restricted stock units covering 2,947 shares and an additional 5,895 shares, with payouts contingent on performance targets over a period ending December 31, 2028; any shares earned vest on January 31, 2029.
Positive
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Restricted Stock Units | -- | -- | -- |
| holding | Performance Restricted Stock Units | -- | -- | -- |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock.
- F2. The restricted stock unit vests as follows: 33% on January 31, 2027; 33% on January 31, 2028; and 34% on January 31, 2029.
- F3. Each performance based restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock, subject to adjustment, based on performance targets over a performance period ending December 31, 2028.
- F4. The number of derivative securities is subject to adjustment based on achieving or failing to achieve performance targets measured over a performance period ending December 31, 2028. The shares earned under this award will vest on January 31, 2029.
- F5. Each performance based restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock, subject to adjustment, based on certain relative performance targets over a performance period ending December 31, 2028.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the insider reporting holdings in Knight-Swift (KNX)?
What type of securities does Roy Soumit hold in Knight-Swift (KNX)?
How many restricted stock units does Roy Soumit beneficially own in KNX?
What is the vesting schedule for Roy Soumit’s restricted stock units at KNX?
What performance conditions apply to Roy Soumit’s performance restricted stock units at KNX?
When do Roy Soumit’s performance-based restricted stock units at KNX vest if earned?
Are Roy Soumit’s Knight-Swift (KNX) equity awards held directly or indirectly?
AI-generated analysis. How Rhea-AI works. Not financial advice.