Knight-Swift director receives annual stock grant
MUNRO KATHRYN L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MUNRO KATHRYN L reported acquisition or exercise transactions in this Form 4 filing.
Knight-Swift Transportation Holdings Inc. director Kathryn L. Munro received an equity grant of 3,171 shares of Class A Common Stock as part of her annual director compensation. The shares were valued at $59.90 per share, based on the closing market price on the annual shareholder meeting date.
These shares are held indirectly in a trust, bringing her reported indirect holdings to 38,757 shares. The filing describes this as a routine yearly stock grant made under a shareholder-approved plan for non-employee directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,171 | $59.90 | $190K |
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
Trust financial
FAQ
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What did Knight-Swift (KNX) director Kathryn L. Munro report in this Form 4?
Is this Knight-Swift (KNX) Form 4 a market purchase or part of director compensation?
How often do Knight-Swift (KNX) non-employee directors receive stock grants?
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