Form 4: Knight-Swift Director Garnreiter Acquires Shares as Part of Annual Compensation

Director Michael Garnreiter acquired 3,257 shares of Knight-Swift Transportation Holdings Inc. Class A Common Stock as part of his annual director compensation.

Summary

• On May 13, 2025, Michael Garnreiter, a director of Knight-Swift Transportation Holdings Inc., acquired 3,257 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.
• Following the transaction, Garnreiter directly owns 9,480 shares and indirectly owns 9,485 shares through a trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The transaction is a routine part of director compensation, indicating stability and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of shares by a director demonstrates alignment with shareholder interests.
• The annual grant of shares as part of director compensation is a shareholder-approved plan.

Industry Context

Director compensation in the transportation industry often includes stock grants to align management and shareholder interests. This practice is common among publicly traded companies to incentivize long-term value creation.

Comparison to Industry Standards

• Comparing Knight-Swift's director compensation structure to peers like JB Hunt, Schneider National, and Landstar System would provide a benchmark for assessing the competitiveness and appropriateness of the stock grant.
• Analyzing the percentage of director compensation represented by stock grants relative to total compensation would offer further insight.
• Reviewing proxy statements of these companies would reveal similar practices and potential variations in grant sizes and vesting schedules.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

Knight-Swift Transportation Holdings Inc., Director Compensation, Class A Common Stock, Share Acquisition, Form 4, Garnreiter