Knight-Swift (NYSE: KNX) director sells 50,000 shares via foundation
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. director Dove Reid reported a sale of 50,000 shares of Class A Common Stock on July 31, 2026. The transaction was executed indirectly through a foundation at a weighted average price of $70.2458 per share, with individual trade prices ranging from $70.00 to $70.99. Following this sale, the foundation holds 169,154 shares of Knight-Swift Class A Common Stock. The sale was not marked as pursuant to a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
1 txn
Insider
Dove Reid
Role
Director
Sold
50,000 shs ($3.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 50,000 | $70.2458 | $3.51M |
Holdings After Transaction:
Class A Common Stock — 169,154 shares (Indirect, By Foundation)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.99, inclusive. The reporting person undertakes to provide to 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 within the range set forth in this footnote.
Key Figures
Shares sold: 50,000 shares
Average sale price: $70.2458 per share
Sale price range: $70.00–$70.99 per share
+1 more
4 metrics
Shares sold
50,000 shares
Class A Common Stock sale on 2026-07-31
Average sale price
$70.2458 per share
Weighted average price across multiple transactions
Sale price range
$70.00–$70.99 per share
Individual transaction prices within the reported sale
Shares held after sale
169,154 shares
Indirect holdings by foundation following the transaction
Key Terms
weighted average price, indirect ownership, Rule 10b5-1 trading plan
3 terms
weighted average price financial
"The price reported is a weighted average price across trades."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"Shares are reported as indirect ownership by a foundation."
Rule 10b5-1 trading plan regulatory
"Transactions were not indicated as under a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Dove Reid report for Knight-Swift (KNX)?
Dove Reid, a Knight-Swift director, reported selling 50,000 shares of Class A Common Stock on July 31, 2026. The sale was executed indirectly through a foundation at a weighted average price of $70.2458 per share, with prices between $70.00 and $70.99.
Is Dove Reid’s Knight-Swift (KNX) sale a direct or indirect holding transaction?
The sale involves indirect ownership, as the 50,000 Knight-Swift shares were sold by a foundation. The filing identifies the ownership type as indirect, with the nature of ownership noted as “By Foundation”, distinguishing it from shares held personally.