Knight-Swift director receives 2,337-share stock grant
Powell Jessica reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Powell Jessica reported acquisition or exercise transactions in this Form 4 filing.
Knight-Swift Transportation Holdings Inc. reported that director Jessica Powell received an award of Class A Common Stock as part of her annual director compensation. She was granted 2,337 shares at $59.90 per share. Following this equity grant, she directly holds 10,009 shares of Knight-Swift stock. The shares are issued once a year at or near the annual meeting of shareholders, with the price based on the closing market price on the meeting date under a shareholder-approved compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,337 | $59.90 | $140K |
Footnotes (1)
- F1. Each director of Knight-Swift Transportation Holdings Inc. ("Knight-Swift") who is not employed by Knight-Swift receives an annual grant of shares of Knight-Swift Class A Common Stock as a portion of his/her director compensation. The Knight-Swift stock is granted once a year at or near the annual meeting of shareholders. The price per share is based upon the closing market price for shares as of the date of the annual meeting. The plan, pursuant to which the grants are made, was approved by the shareholders.
Key Figures
Key Terms
Class A Common Stock financial
director compensation financial
closing market price financial
FAQ
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What insider transaction did Knight-Swift (KNX) report for Jessica Powell?
What are Jessica Powell’s Knight-Swift (KNX) holdings after this Form 4 transaction?
How is the grant price for Knight-Swift (KNX) director stock awards determined?
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