Form 4: Knight-Swift Director Kathryn L. Munro Acquires Shares as Part of Annual Compensation Plan
SEC Form 4
Director Kathryn L. Munro acquired 3,691 shares of Knight-Swift Transportation Holdings Inc. Class A Common Stock as part of the company's annual director compensation plan.
Summary
- Kathryn L. Munro, a director of Knight-Swift Transportation Holdings Inc., acquired 3,691 shares of Class A Common Stock on May 13, 2025.
- The acquisition was part of the annual grant of shares to non-employee directors as compensation.
- The price per share was $46.05.
- Following the transaction, Munro beneficially owns 35,586 shares indirectly through a trust.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The transaction is a routine part of director compensation and reflects confidence in the company's future.
Positives
- The director's acquisition of shares aligns her interests with those of the shareholders.
- The annual grant of shares to directors is part of a shareholder-approved plan.
Industry Context
Director share acquisitions are common in publicly traded companies as part of compensation packages to align director and shareholder interests. This is a standard practice in the transportation and logistics industry.
Comparison to Industry Standards
- Director compensation packages often include stock grants to align interests with shareholders, similar to practices at companies like JB Hunt and Schneider National.
- The size of the grant is typical for director compensation in similarly sized transportation companies.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Kathryn L. Munro acquired shares of Knight-Swift Class A Common Stock. |
| 05/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Knight-Swift Transportation Holdings Inc., Director Compensation, Class A Common Stock, Kathryn L. Munro, Form 4, Share Acquisition, Insider Trading
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