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.
Positive
- None.
Negative
- None.
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.