Welcome to our dedicated page for Knight-Swift Transportation Holdings SEC filings (Ticker: KNX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Knight-Swift Transportation Holdings Inc. filings document formal disclosures for a Delaware freight transportation company with truckload, logistics, and LTL operations. Form 8-K reports include results of operations, financial condition, earnings guidance, dividend declarations, material definitive agreements, and capital-structure transactions, including convertible senior notes due 2031 and receivables purchase arrangements involving Swift Receivables Company II, LLC.
Proxy materials cover annual meeting governance, board composition, executive compensation, equity award disclosures, and shareholder voting matters. Other current reports address director changes, exhibits to press releases, and common-stock dividend actions.
Knight-Swift Transportation Holdings Inc. completed a private offering of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031, including the full $200 million overallotment. The notes mature on November 15, 2031, pay 1.00% interest semiannually, and are senior unsecured obligations.
The initial conversion rate is 12.4835 shares per $1,000 (about $80.11 per share), a 30% premium to the $61.62 stock price on May 5, 2026, with customary adjustment and make-whole features. Based on this rate, the notes are initially convertible into 18,725,250 shares, and in limited cases up to 24,342,600 shares.
Net proceeds were approximately $1.46 billion. The company spent $107.1 million on capped call transactions with a cap price of about $104.75 to mitigate conversion dilution and/or excess cash payments. Remaining proceeds are earmarked to repay $300 million of term debt due 2027, $436 million of a 2030 term loan, and $620 million outstanding under its revolver.
Knight-Swift Transportation Holdings Inc reports an amendment to a Schedule 13G/A showing FMR LLC beneficially owns 9,706,667.62 shares of Common Stock, representing 6.0% of the class. The filing lists sole voting power 6,622,352.46 and sole dispositive power 9,706,667.62. The amendment names Abigail P. Johnson and references a Power of Attorney and Exhibit 99 for a 13d-1(k)(1) agreement.
Knight-Swift Transportation Holdings Inc ownership disclosure: Vanguard Capital Management reported beneficial ownership of 8,265,558 shares of Common Stock, representing 5.08% of the class. The filing lists sole voting power of 1,234,691 shares and sole dispositive power of 8,265,558 shares. The filing cites CUSIP 499049104 and is signed on 04/30/2026.
Knight-Swift Transportation Holdings Inc. reported essentially flat first-quarter 2026 revenue of $1.85 billion versus $1.82 billion a year earlier but swung to a net loss of $1.3 million compared with net income of $30.6 million. Operating income fell to $28.6 million from $66.7 million, and the consolidated operating ratio weakened to 98.5% from 96.3%, reflecting higher costs and adverse items.
The LTL segment moved from a $12.7 million profit to a $3.6 million operating loss, mainly due to $18 million of adverse claims development tied to a 2022 arbitration ruling. Truckload profits also declined, pressured by a $4.1 million VAT reimbursement charge in Mexico and severe winter weather, though revenue per mile and utilization improved.
All Other Segments shifted from $6.0 million of operating income to a $7.1 million loss, driven in part by $5.2 million of accounts receivable securitization costs now recorded in operating expenses. Despite weaker earnings, Knight-Swift generated $142.5 million of operating cash flow and $56.9 million of free cash flow, ending the quarter with $222.8 million in unrestricted cash, $1.75 billion of long-term debt including the revolver, and $7.1 billion of stockholders’ equity. Management expects modest year-over-year revenue growth and margin improvement across most segments in the second quarter of 2026, along with full-year 2026 net cash capital expenditures of $600–$650 million and an effective tax rate of roughly 25.5%–26.5% on adjusted income.
Knight-Swift Transportation reported weak first quarter 2026 results, posting a net loss attributable to Knight-Swift of $1.3 million, or $(0.01) per diluted share, versus earnings of $0.19 a year ago. Revenue rose modestly to $1.85 billion, up 1.4%.
Adjusted net income was $14.3 million with Adjusted EPS of $0.09, down from $0.28. Operating income fell to $28.6 million, and Adjusted Operating Income to $49.8 million, driven by an $18.0 million LTL claim expense, a $4.1 million adverse VAT ruling in Mexico, and an estimated $12.0–$14.0 million weather and fuel impact.
Truckload revenue ex-fuel was flat with a 96.3% Adjusted Operating Ratio, while LTL revenue ex-fuel grew 2.6% but Adjusted Operating Ratio deteriorated to 99.6%. Logistics revenue fell 9.9% and Intermodal revenue grew 2.7% with a 101.5% operating ratio.
Operating cash flow reached $142.5 million and Free Cash Flow was $56.9 million. The quarterly dividend increased to $0.20 per share. Liquidity totaled $1.1 billion with Net Debt of $2.1 billion. Management guides second quarter 2026 Adjusted EPS to $0.45–$0.49, assuming stable conditions and typical seasonal improvements.
Knight-Swift Transportation Holdings Inc. CEO Adam W. Miller exercised restricted stock units that converted into 18,513 shares of Class A Common Stock on a one-for-one basis. As part of this vesting, 8,131 shares were withheld at $55.10 per share to cover tax obligations, rather than sold in the open market.
After these compensation-related transactions, he directly holds 179,822 shares of Knight-Swift Class A Common Stock. The activity reflects routine RSU vesting and associated tax withholding rather than discretionary buying or selling of shares.
Knight-Swift Transportation Holdings Inc. CEO Adam W. Miller exercised 17,758 Performance Restricted Stock Units, converting them into the same number of shares of Class A Common Stock on a one-for-one basis. As part of this vesting event, 7,699 shares were delivered at $55.10 per share to cover tax obligations, a non-market “F” code tax-withholding disposition. Following these transactions, Miller directly holds 189,881 shares of Class A Common Stock, with no remaining units from this particular performance award.
Knight-Swift Transportation Holdings Inc. updated its outlook, sharply reducing expected first-quarter 2026 Adjusted EPS to a range of $0.08 to $0.10, down from its earlier guidance of $0.28 to $0.32. Management attributes the downgrade mainly to one-time or unusual items, including a large unfavorable arbitration award in its less-than-truckload segment, deferred warehousing project business, an adverse VAT reimbursement decision in Mexico, and severe winter weather combined with sharply rising fuel prices.
At the same time, the company issued second-quarter 2026 Adjusted EPS guidance of $0.45 to $0.49, implying a much stronger sequential performance. Leadership notes that the specific first-quarter disruptions are not expected to recur and highlights improving freight demand, tightening truckload capacity, and a more favorable bid environment as drivers of the better outlook.
Knight-Swift Transportation Holdings Inc. is asking stockholders to vote at its 2026 Annual Meeting on four key items: electing eleven directors, an advisory say-on-pay vote for named executive officers, ratifying Grant Thornton LLP as auditor for 2026, and a stockholder proposal on political spending transparency, which the Board recommends voting against.
The company highlights a majority-independent Board, separation of Chair and CEO roles, a robust lead independent director, and fully independent key committees. In 2025, its drivers covered 1.8 billion loaded miles, less-than-truckload revenue grew more than 20% year over year (excluding fuel surcharge), and integration of U.S. Xpress improved truckload margins.
Knight-Swift reports sustainability progress, including a 7% reduction in CO₂ per mile versus a 2019 baseline and recognition as a 2025 Top Green Fleet. It generated $1.3 billion in operating cash flow and $763 million in free cash flow in 2025, paid $117 million in dividends, and the Board approved an 11% dividend increase in January 2026, its seventh consecutive raise since 2020.