Knight-Swift (NYSE: KNX) CEO exercises 18,513 RSUs; 8,131 shares withheld
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. CEO Adam W. Miller reported the vesting and conversion of restricted stock units into Class A common stock, together with related tax withholding in shares. On January 31, 2026, he exercised RSUs that convert to common stock on a one-for-one basis, increasing indirect holdings in a joint account with his spouse. A total of 8,131 shares of Class A common stock were delivered to cover tax liabilities at a price of $55.10 per share, leaving 179,822 shares held indirectly in the joint account following the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,382 shares
Net Buy
9 txns
Insider
Miller Adam W
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,134 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,709 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,670 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,134 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,764 | $55.10 | $152K |
| Exercise | Class A Common Stock | 5,709 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,475 | $55.10 | $136K |
| Exercise | Class A Common Stock | 6,670 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,892 | $55.10 | $159K |
Holdings After Transaction:
Restricted Stock Units — 19,428 shares (Direct);
Class A Common Stock — 179,822 shares (Indirect, Joint Account with Spouse)
Footnotes (5)
- F1. Restricted stock units convert to Class A Common Stock on a one-for-one basis.
- F2. The remaining stock units vested on January 31, 2026. Stock is issued when and as vested.
- F3. The restricted stock units vest as follows: 33% on January 31 2025; 33% on January 31, 2026; and 34% on January 31, 2027. Stock is issued when and as vested.
- F4. The restricted stock units vest as follows: 33% on January 31 2026; 33% on January 31, 2027; and 34% on January 31, 2028. Stock is issued when and as vested.
- F5. Amended to reflect joint account held by Adam Wayne Miller and Nichole A Miller JTWROS (joint with rights of survivorship).
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Knight-Swift (KNX) CEO Adam Miller report in this Form 4/A?
Adam W. Miller reported RSU vesting and conversion into Knight-Swift Class A common stock, along with share-based tax withholding. These are compensation-related events, not open-market trades, and adjust his equity position mainly through automatic plan mechanics.
How many Knight-Swift (KNX) restricted stock units did the CEO convert?
The filing shows exercises of 18,513 restricted stock units into Knight-Swift Class A common stock. Footnotes state RSUs convert to common stock on a one-for-one basis, so each vested unit produced one share as part of the equity compensation program.
What do the vesting footnotes say about Knight-Swift (KNX) RSUs in this filing?
Footnotes explain that specific RSU grants vest in tranches over dates including January 31, 2025, 2026, 2027, and 2028. Stock is issued when and as vested, meaning common shares are delivered only as each scheduled vesting date is reached.