KNX director sells 3,000 shares at $42.43 — Form 4 disclosure
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock | 3,000 | $42.4334 | $127K |
Footnotes (1)
- F1. The price reported is a weighted average price. The shares were sold in multiple transactions at a price ranging from $42.3001 to $42.7000, inclusive. The reporting person undertakes to provide KNX, any security holder of KNX, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to Form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did KNX director Robert E. Synowicki Jr. report on Form 4?
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?
AI-generated analysis. How Rhea-AI works. Not financial advice.