Knight-Swift (NYSE: KNX) chair’s trust sells 30,000 company shares

Rhea-AI Filing Summary

Knight-Swift Transportation Holdings Inc. Executive Chairman Kevin P. Knight reported an indirect sale of Class A common stock. On February 20, 2026, a trust associated with him sold 30,000 shares in open-market transactions at a weighted average price of $61.0029 per share. After these sales, the trust held 1,305,347 shares, and Knight also reported 14,009 shares held directly.

Insights

Equity governance analyst

Executive chair reports sizable but indirect stock sale via trust.

Executive Chairman Kevin P. Knight reported that a trust associated with him sold 30,000 Knight-Swift Class A shares on February 20, 2026. The sale was executed in open-market trades at a weighted average price of $61.0029 per share across a range of prices.

Following the transaction, the trust’s holdings stood at 1,305,347 shares, while Knight’s directly held stake was 14,009 shares. The filing characterizes this as an indirect transaction through a trust, which is common for estate or wealth-planning purposes, and does not by itself indicate a change in company strategy.

The footnote explains that the price represents a weighted average of trades between $60.62 and $61.695. More granular trade details are available upon request to the company, any security holder, or the SEC staff, following standard disclosure practice for aggregated insider sales.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KNIGHT KEVIN P

(Last) (First) (Middle)

2002 W WAHALLA LN

(Street)

PHOENIX AZ 85027

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Knight-Swift Transportation Holdings Inc. [ KNX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/20/2026		S		30,000	D	$61.0029(1)	1,305,347	I	Trust
Class A Common Stock								14,009	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is a weighted average price. The shares sold in multiple transactions at a price ranging from $60.62 to $61.695, 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 range within the ranges set forth in this footnote to Form 4.

	James Brophy / Attorney in Fact	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Knight-Swift (KNX) report for Kevin P. Knight?

Knight-Swift reported that Executive Chairman Kevin P. Knight had a trust associated with him sell 30,000 shares of Class A common stock. The open-market sale occurred on February 20, 2026, and was disclosed as an indirect transaction in the Form 4 filing.

At what price were the Knight-Swift (KNX) shares sold in the latest Form 4?

The 30,000 Knight-Swift Class A shares were sold at a weighted average price of $61.0029 per share. A footnote states trades occurred in multiple transactions between $60.62 and $61.695, and detailed price breakdowns are available upon request.

How many Knight-Swift (KNX) shares does the trust hold after the reported sale?

After the reported sale, the trust associated with Executive Chairman Kevin P. Knight held 1,305,347 Knight-Swift Class A common shares. This figure reflects the remaining indirect ownership position disclosed in the Form 4 following the 30,000-share open-market transaction.

What is Kevin P. Knight’s direct share ownership in Knight-Swift (KNX) after the filing?

The Form 4 shows that Kevin P. Knight directly owned 14,009 Knight-Swift Class A common shares after the reported transactions. This direct position is separate from the larger indirect holdings reported through a trust in the same filing.

Was the Knight-Swift (KNX) insider sale by Kevin P. Knight direct or indirect?

The sale was reported as an indirect transaction through a trust, not a direct personal sale. The Form 4 lists the ownership type as indirect with the nature of ownership specified as “Trust,” indicating the shares are held via that entity.

What does the price range footnote mean in the Knight-Swift (KNX) Form 4?

The footnote explains that the reported $61.0029 price is a weighted average across multiple trades between $60.62 and $61.695. It also states that detailed information on the number of shares sold at each price is available upon request to the company, shareholders, or SEC staff.