Knight-Swift insider retains most vested RSUs in latest filing
Rhea-AI Filing Summary
Form 4 snapshot: On 31 Jul 2025, Wilburn Douglas Prickett III—President & COO of AAA Transportation, a unit of Knight-Swift Transportation Holdings (KNX)—converted 604 restricted stock units into an equal number of Class A shares (code M). To cover taxes he forfeited 178 shares at $42.50 (code F).
Net effect: +426 shares, lifting his direct holding to 4,361. He still holds 604 unvested RSUs that continue to vest annually through 31 Jul 2026 under the original five-year schedule begun in 2022.
The transaction is routine equity-compensation housekeeping and represents an immaterial fraction of KNX’s share float; no open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU vesting; minor net share addition, neutral valuation signal for KNX.
This Form 4 shows standard compensation mechanics rather than discretionary trading. Prickett retained roughly 70 % of the vested shares, surrendering the rest for withholding—common practice that avoids cash tax payments. The 426-share increase is immaterial against Knight-Swift’s ~160 million outstanding shares, so governance and float are unaffected. Because there was no open-market activity, the filing provides little insight into insider sentiment and should have minimal market impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 604 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 604 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 178 | $42.50 | $8K |
Footnotes (2)
- F1. Restricted units convert to Class A Common Stock on a one-for-one basis.
- F2. The restricted stock unit grant vests in five equal installments beginning on July 31, 2022. Stock is issued when and as vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.