Form 4: Knight-Swift Director Amy Boerger Acquires Shares as Part of Annual Compensation
SEC Form 4 Filing
Director Amy Boerger acquired 3,040 shares of Knight-Swift Transportation Holdings Inc. Class A Common Stock as part of her annual director compensation.
Summary
- On May 13, 2025, Amy Boerger, a director of Knight-Swift Transportation Holdings Inc., acquired 3,040 shares of Class A Common Stock at a price of $46.05 per share.
- This acquisition was part of her annual director compensation, granted near the annual meeting of shareholders.
- Following the transaction, Boerger directly owns 5,667 shares of Knight-Swift Class A Common Stock.
- The plan under which these grants are made has been approved by the shareholders.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively as it aligns director interests with shareholders. There are no indications of negative sentiment.
Positives
- The director's stock acquisition reflects alignment with shareholder interests.
- The compensation plan has been approved by shareholders, indicating support for the structure.
Industry Context
Director compensation in the form of stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders.
Comparison to Industry Standards
- Granting stock as part of director compensation is a common practice among publicly traded companies, including transportation and logistics firms.
- Companies like JB Hunt and Schneider National also utilize stock grants as part of their director compensation packages.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Amy Boerger acquired shares of Knight-Swift Class A Common Stock. |
| 05/14/2025 | Date of signature by James Brophy / Attorney in Fact. |
Keywords
Knight-Swift Transportation Holdings Inc., Director Compensation, Class A Common Stock, Form 4, Beneficial Ownership, Amy Boerger
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.