KNX Vice Chair exercises 5,682 RSUs, withholds shares
Knight-Swift Transportation Holdings Inc. Vice Chairman Gary J. Knight exercised performance-based restricted stock units into 5,682 shares of Class A Common Stock on March 12, 2026, following approval of performance target attainment.
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. Vice Chairman Gary J. Knight exercised performance-based restricted stock units into 5,682 shares of Class A Common Stock on March 12, 2026, following approval of performance target attainment. These units convert to common stock on a one-for-one basis.
To cover tax obligations, 2,805 shares of Class A Common Stock were disposed of at $55.10 per share through tax withholding, leaving 2,877 shares from this vesting in his direct holdings. In addition to these direct shares, he also has 2,711,861 shares held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units | 5,682 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,682 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,805 | $55.10 | $155K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- F2. The shares vested on January 31, 2026, but the performance target attainment was not determined and approved until March 12, 2026, when the shares were issued.
FAQ
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What insider transaction did KNX Vice Chairman Gary Knight report on this Form 4?
What is the role of performance restricted stock units in KNX executive compensation?
Was this Knight-Swift (KNX) Form 4 a market purchase or sale by Gary Knight?
AI-generated analysis. How Rhea-AI works. Not financial advice.