Knight-Swift (NYSE: KNX) vice chair nets shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. director and vice chairman Gary J. Knight reported multiple equity transactions on January 31, 2026 tied to restricted stock unit (RSU) vesting. RSUs converting to Class A common stock on a one-for-one basis generated share issuances of 1,963, 1,827, and 1,778 shares.
To cover tax withholding on these vestings, the company withheld 1,073, 939, and 878 shares at a price of $55.10 per share. Following these transactions, Knight held 2,678 Class A common shares directly and 2,709,183 shares indirectly through a trust. Footnotes show additional RSU awards vesting in stages through 2028, with stock issued when and as vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,568 shares exercised/converted
Mixed
10 txns
Insider
KNIGHT GARY J
Role
Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,963 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,827 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,778 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,963 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,073 | $55.10 | $59K |
| Exercise | Class A Common Stock | 1,827 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 939 | $55.10 | $52K |
| Exercise | Class A Common Stock | 1,778 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 878 | $55.10 | $48K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 1,963 shares (Direct);
Class A Common Stock — 2,709,183 shares (Indirect, Trust)
Footnotes (1)
- Restricted stock units convert to Class A Common Stock on a one-for-one basis. The remaining stock units vested on January 31, 2026. Stock is issued when and as vested. 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. 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.
FAQ
What insider transactions did KNX vice chairman Gary J. Knight report?
Gary J. Knight reported RSU conversions into Class A common stock and related tax-withholding sales. On January 31, 2026, three RSU grants converted into 1,963, 1,827, and 1,778 shares, with portions withheld to satisfy tax obligations at a stated share price.
How many Knight-Swift (KNX) RSUs vested for Gary J. Knight on January 31, 2026?
Three RSU blocks vested or were exercised into stock for Gary J. Knight, covering 1,963, 1,827, and 1,778 restricted stock units. Each RSU converts one-for-one into Class A common stock, resulting in corresponding share issuances on the same January 31, 2026 transaction date.
What do the transaction codes M and F mean in the KNX Form 4 for Gary Knight?
Code "M" indicates the conversion of restricted stock units into Class A common shares at a $0 exercise price. Code "F" indicates shares withheld to pay taxes, using a $55.10 per-share value, rather than discretionary open-market purchases or sales by Gary J. Knight.
What is the vesting schedule of Gary Knight’s Knight-Swift (KNX) RSUs?
One RSU grant fully vested on January 31, 2026, with stock issued when vested. Another vests 33% on January 31, 2025, 33% on January 31, 2026, and 34% on January 31, 2027. A further grant vests 33% in 2026, 33% in 2027, and 34% in 2028.