Knight-Swift (NYSE: KNX) vice chairman receives new RSU and PRSU awards
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. reported an insider equity award transaction for a director and officer (Vice Chairman) on 11/28/2025 via a Form 4 filing. The reporting person received 6,986 restricted stock units, each representing a contingent right to one share of KNX Class A common stock, vesting 33% on January 31, 2027, 33% on January 31, 2028, and 34% on January 31, 2029.
The filing also shows grants of performance-based restricted stock units: 3,493 units and 6,986 units, each tied to performance targets over a period ending December 31, 2028. The number of shares ultimately earned under these performance awards may be adjusted based on results, and any shares earned will vest on January 31, 2029.
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FAQ
What insider transaction did Knight-Swift (KNX) report in this Form 4?
The Form 4 reports that a Knight-Swift director and Vice Chairman received equity awards on 11/28/2025, including restricted stock units and performance-based restricted stock units tied to KNX Class A common stock.
How many restricted stock units were granted to the Knight-Swift (KNX) insider?
The insider received 6,986 restricted stock units, each representing a contingent right to receive one share of KNX Class A common stock.
What is the vesting schedule for the Knight-Swift (KNX) restricted stock units?
The 6,986 restricted stock units vest 33% on January 31, 2027, 33% on January 31, 2028, and 34% on January 31, 2029.
What performance-based restricted stock units were granted by Knight-Swift (KNX)?
The filing shows grants of 3,493 and 6,986 performance-based restricted stock units, each representing a contingent right to receive one share of KNX Class A common stock, subject to performance targets over a period ending December 31, 2028.
When do the Knight-Swift (KNX) performance-based restricted stock units vest if earned?
The number of performance-based restricted stock units is subject to adjustment based on performance through December 31, 2028, and any shares earned under these awards will vest on January 31, 2029.
What role does the reporting person hold at Knight-Swift (KNX)?
The reporting person is both a director and an officer, serving as Vice Chairman of Knight-Swift Transportation Holdings Inc.