Form 4: Knight-Swift CFO Andrew Hess Executes Stock Transactions

CFO Andrew Hess acquired shares through the vesting of restricted stock units and disposed of a portion to cover tax obligations.

Summary

• CFO Andrew Hess acquired a total of 1,209 shares of Class A Common Stock through the vesting of restricted stock units (RSUs).
• A total of 321 shares were withheld by the company to satisfy tax withholding requirements at a price of $75.63 per share.
• Following these transactions, the reporting person holds 13,069 shares of Class A Common Stock.
• The transactions occurred on May 31, 2026, as part of scheduled RSU vesting cycles.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents routine executive compensation activity rather than a strategic or operational shift.

Positives

• The transactions reflect the standard vesting of equity compensation, indicating alignment between executive interests and long-term shareholder value.

Negatives

• None identified; these are routine administrative transactions related to compensation.

Risks

• None identified; this is a standard Form 4 disclosure regarding executive compensation.

Future Outlook

No forward-looking guidance provided in this document.

Industry Context

StockSavvy.ai notes that routine RSU vesting and tax-related share withholding are standard practices for executive compensation in the transportation and logistics sector, providing no signal regarding company performance or market outlook.

Comparison to Industry Standards

• The transaction structure is consistent with standard executive compensation practices observed at major logistics firms like J.B. Hunt and Old Dominion Freight Line.

Stakeholder Impact

• Minimal impact on shareholders as these transactions are part of pre-existing compensation agreements.

Next Steps

• None mentioned.

Key Dates

Keywords

Knight-Swift, KNX, CFO, Insider Trading, Form 4, Equity Compensation, Transportation