Knight-Swift (NYSE: KNX) chair reports RSU conversions and 1.4M shares in trust
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. Executive Chairman Kevin P. Knight reported multiple equity award transactions dated January 31, 2026. Several blocks of restricted stock units were converted into Class A common stock, including 6,625 shares, 6,166 shares, and 6,004 shares, each at an exercise price of $0 per share, reflecting vesting of previously granted awards.
On the same date, Knight reported dispositions coded "F" of 1,725 shares and 1,502 shares of Class A common stock at $55.10 per share, and 1,559 shares at $0 per share. Following these transactions, he directly held 14,009 Class A shares and indirectly held 1,405,347 Class A shares through a trust. The footnotes state that restricted stock units convert into Class A common stock on a one-for-one basis and describe vesting schedules through January 31, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,625 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,166 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,004 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,625 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,725 | $55.10 | $95K |
| Exercise | Class A Common Stock | 6,166 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,502 | $55.10 | $83K |
| Exercise | Class A Common Stock | 6,004 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,559 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
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.