Form 4: Knight-Swift CFO Boosts Stake Through RSU Vesting

Knight-Swift Transportation Holdings Inc. CFO Andrew Hess increased his direct beneficial ownership of Class A Common Stock by 3,695 shares following the conversion of restricted stock units and subsequent tax withholdings.

Summary

• Andrew Hess, CFO of Knight-Swift Transportation Holdings Inc. (KNX), reported changes in his beneficial ownership of company stock.
• On January 31, 2026, Hess acquired a total of 5,203 shares of Class A Common Stock through the conversion of Restricted Stock Units (RSUs) on a one-for-one basis.
• Concurrently, Hess disposed of 1,508 shares of Class A Common Stock at a price of $55.1 per share to cover tax liabilities associated with the RSU vesting.
• The transactions resulted in a net increase of 3,695 shares in his direct beneficial ownership, bringing his total direct holdings to 12,181 shares of Class A Common Stock.
• Remaining Restricted Stock Units held by Hess include 1,746 units vesting 34% on January 31, 2027, and 3,838 units vesting 33% on January 31, 2027, and 34% on January 31, 2028.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine compensation transaction for an executive. It does not indicate any significant positive or negative operational or strategic developments for the company.

Positives

• The CFO's direct beneficial ownership of Class A Common Stock increased by a net of 3,695 shares, indicating continued alignment with shareholder interests.
• The vesting of Restricted Stock Units represents a successful realization of long-term incentive compensation for the executive.

Negatives

• A portion of the vested shares (1,508 shares) was sold to cover tax obligations, which is a common practice but reduces the immediate increase in direct ownership.

Future Outlook

Future stock issuances to the CFO are scheduled for January 31, 2027, and January 31, 2028, as remaining Restricted Stock Units vest according to their predetermined schedules.

Industry Context

StockSavvy.ai notes that executive compensation, particularly through equity awards like Restricted Stock Units, is a standard practice across the transportation and logistics industry. These filings provide transparency into how executives' personal holdings align with company performance and shareholder interests.

Stakeholder Impact

• Shareholders: The increase in the CFO's direct beneficial ownership aligns his interests more closely with shareholders, though the overall impact on the company's stock structure is minimal due to the relatively small number of shares involved.

Next Steps

• Further vesting of 1,746 Restricted Stock Units on January 31, 2027 (34% of a grant).
• Further vesting of 3,838 Restricted Stock Units on January 31, 2027 (33% of a grant) and January 31, 2028 (34% of a grant).

Key Dates

Keywords

Knight-Swift Transportation, KNX, Andrew Hess, CFO, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Stock Transactions, Executive Compensation