Knight-Swift (KNX) director reports sale of 3,000 Class A shares
Rhea-AI Filing Summary
Robert E. Synowicki Jr., a director of Knight-Swift Transportation Holdings Inc. (KNX), sold 3,000 shares of Class A common stock on 08/12/2025. The reported weighted-average sale price was $42.4334, with individual trade prices in the range $42.3001 to $42.7000. After the sale, the reporting person beneficially owned 19,853 shares, held directly. The Form 4 was filed by one reporting person and identifies the reporter as a company director. The filer notes the weighted-average price and offers to provide a breakdown of shares sold at each price upon request.
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Insights
TL;DR: Director sold a small block of shares at market prices; post-sale holdings remain modest.
The sale of 3,000 Class A shares at a weighted-average price of $42.4334 reduces the director's direct holding to 19,853 shares. This is a routine Section 16 disclosure showing an open-market disposal rather than an option exercise or derivative transaction. The filing contains no information on motivations or scheduled trading plans; without additional context on historical insider activity or portfolio size, the transaction appears informational rather than materially informative about company performance.
TL;DR: Disclosure complies with Section 16; sale was reported and weighted-average pricing disclosed.
The Form 4 identifies the reporting person as a director and reports an open-market sale with a disclosed weighted-average price range. The filer also provides the customary offer to disclose the per-price breakdown on request, which supports transparency. There is no indication of a Rule 10b5-1 plan or any related-party transaction in the form, and no material change to board composition or control is disclosed.
FAQ
What transaction did KNX director Robert E. Synowicki Jr. report on Form 4?
At what price were the KNX shares sold in the Form 4 transaction?
How many KNX shares did the reporting person own after the reported sale?
Does the Form 4 indicate the sale was part of a 10b5-1 plan or similar arrangement?
Who signed the Form 4 filing for the reporting person?