Knight-Swift (KNX) chair’s trust sells 70,000 shares around $60 level
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. Executive Chairman Kevin P. Knight reported indirect open-market sales of a total of 70,000 shares of Class A common stock through a trust on February 17–18, 2026. Reported weighted-average sale prices ranged around the low $60 area per share, with individual trades executed within disclosed price ranges. Following these trust sales, Knight reported continued indirect ownership of more than 1.33 million shares, plus a separate direct holding of 14,009 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 70,000 shares ($4,200,731)
Net Sell
5 txns
Insider
KNIGHT KEVIN P
Role
Executive Chairman
Sold
70,000 shs ($4.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,857 | $59.3908 | $526K |
| Sale | Class A Common Stock | 22,330 | $60.1681 | $1.34M |
| Sale | Class A Common Stock | 7,670 | $60.0313 | $460K |
| Sale | Class A Common Stock | 31,143 | $60.0685 | $1.87M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,365,347 shares (Indirect, Trust);
Class A Common Stock — 14,009 shares (Direct)
Footnotes (1)
- The price reported is a weighted average price. The shares sold in multiple transactions at a price ranging from $60.00 to $60.15, 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. The price reported is a weighted average price. The shares sold in multiple transactions at a price ranging from $59.06 to $60.01, 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. The price reported is a weighted average price. The shares sold in multiple transactions at a price ranging from $60.02 to $60.41, 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. The price reported is a weighted average price. The shares sold in multiple transactions at a price ranging from $59.83 to $60.38, 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.
FAQ
What insider transaction did KNX Executive Chairman Kevin P. Knight report?
Kevin P. Knight reported indirect open-market sales totaling 70,000 shares of Knight-Swift Class A common stock. The transactions were executed through a trust over February 17–18, 2026, at weighted-average prices around the low $60 range per share.
Were Kevin P. Knight’s KNX transactions direct or indirect holdings?
The 70,000 shares sold were reported as indirect holdings through a trust. A separate line shows a direct holding of 14,009 shares after the transactions, reflecting Kevin P. Knight’s personal ownership position apart from the trust.
What does the weighted-average price disclosure mean in this KNX Form 4?
Weighted-average prices mean each reported price is an average across multiple trades within a stated price range. The footnotes say full details of individual trade prices and sizes are available to Knight-Swift, shareholders, or SEC staff upon request.