Form 4: Knight-Swift Director Douglas L. Col Acquires Shares as Part of Annual Compensation
SEC Form 4
Director Douglas L. Col acquired 2,266 shares of Knight-Swift Transportation Holdings Inc. Class A Common Stock as part of his annual director compensation.
Summary
- On May 13, 2025, Douglas L. Col, a director of Knight-Swift Transportation Holdings Inc., acquired 2,266 shares of Class A Common Stock.
- The acquisition was part of his annual director compensation, granted near the annual meeting of shareholders.
- The price per share was $46.05, based on the closing market price on the grant date.
- Following the transaction, Col directly owns 7,266 shares of Knight-Swift Class A Common Stock.
- The grant is part of a shareholder-approved plan.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The shareholder approval of the plan is a positive sign.
Positives
- The director's acquisition of shares aligns his interests with those of the shareholders.
- The compensation plan has been approved by shareholders, indicating support for the structure.
- The director now owns 7,266 shares.
Industry Context
Director compensation in the transportation industry often includes stock grants to align management and shareholder interests. This Form 4 filing is a routine disclosure of such a transaction.
Comparison to Industry Standards
- Director compensation packages vary across the transportation industry, but equity grants are a common component.
- Comparing Knight-Swift's director compensation structure to peers like JB Hunt or Schneider National would provide a benchmark for assessing the size and structure of the grant.
- The shareholder approval of the plan suggests it aligns with investor expectations.
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: Douglas L. Col acquired 2,266 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, Share Acquisition, Douglas L. Col
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.