Form 4: Executive Chairman Transfers KNX Shares to Trust

Sentiment:

Beneficial Ownership Change


Kevin P. Knight, Executive Chairman of Knight-Swift Transportation, transferred 21,987 shares of Class A Common Stock from direct ownership to a trust, maintaining total beneficial ownership.

Summary

  • Kevin P. Knight, Executive Chairman and Director of Knight-Swift Transportation Holdings Inc. (KNX), reported a change in beneficial ownership.
  • On August 20, 2025, Mr. Knight transferred 21,987 shares of Class A Common Stock from his direct ownership.
  • Concurrently, 21,987 shares of Class A Common Stock were acquired indirectly by a Trust for which Mr. Knight is a trustee and beneficiary.
  • This transaction represents a change in the form of ownership (from direct to indirect via a trust) and not a change in Mr. Knight's total beneficial ownership of the shares.
  • Following the transaction, Mr. Knight beneficially owns 1,440,347 shares indirectly through the Trust.

Sentiment

Score: 5

Explanation: The transaction is a neutral internal transfer of shares to a trust, with no change in total beneficial ownership, thus having no direct positive or negative impact on the company or its stock value.

Key Dates

DateDescription
08/20/2025Date of transaction for the transfer of Class A Common Stock.
08/22/2025Date the Form 4 was signed by James Brophy, Attorney in Fact for Kevin P. Knight.

Recommendation

hold

The filing reports an internal transfer of shares by an executive to a trust, which does not alter the executive's total beneficial ownership or the company's fundamentals. This type of transaction is a routine administrative or estate planning matter and does not provide a basis for a change in investment recommendation.

Keywords

Knight-Swift Transportation, KNX, Kevin P Knight, Form 4, Beneficial Ownership, Stock Transfer, Trust, Executive Chairman

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