Victory Capital reports 4.16% Knight-Swift (KNX) stake in 13G/A
Rhea-AI Filing Summary
Victory Capital Management, Inc. has filed an amended Schedule 13G reporting beneficial ownership of 6,750,987 shares of Knight-Swift Transportation Holdings Inc. common stock, representing 4.16% of the class as of the stated event date.
Victory Capital reports sole power to vote 6,622,852 shares and sole power to dispose of 6,750,987 shares, with no shared voting or dispositive power. The firm states the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Knight-Swift.
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FAQ
What percentage of Knight-Swift (KNX) does Victory Capital Management report owning?
Victory Capital Management reports beneficial ownership of 4.16% of Knight-Swift’s common stock. This corresponds to 6,750,987 shares as disclosed in the Schedule 13G/A amendment, reflecting its institutional position in the company’s equity as of the reported event date.
Does Victory Capital Management seek to influence control of Knight-Swift (KNX)?
Victory Capital Management states the Knight-Swift shares were acquired and are held in the ordinary course of business. It certifies they were not acquired and are not held for the purpose of changing or influencing control, nor in connection with any control-related transaction.
What type of SEC filing did Victory Capital submit regarding Knight-Swift (KNX)?
Victory Capital filed an Amendment No. 1 to Schedule 13G for Knight-Swift Transportation Holdings Inc. This ownership report updates its institutional stake in the company’s common stock and confirms its status as a passive investor under the relevant SEC rules.
When did the reportable event occur for Victory Capital’s Knight-Swift (KNX) holdings?
The date of the event requiring this ownership statement is March 31, 2025. This date marks the point at which Victory Capital’s beneficial ownership position in Knight-Swift common stock met the SEC reporting threshold reflected in the amended Schedule 13G.