Form 4: Knight-Swift Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Knight-Swift Transportation Holdings Inc. director Douglas L. Col reports receipt of Class A Common Stock as part of annual director compensation.
Summary
- Douglas L. Col, a director of Knight-Swift Transportation Holdings Inc. (KNX), received a grant of 2,337 shares of Class A Common Stock on May 12, 2026.
- This stock grant is part of the annual compensation for directors who are not employed by the company.
- The shares were granted at a price of $59.99 per share, totaling $9,635.91.
- Following this transaction, Mr. Col beneficially owns 9,635.9151 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine director compensation transaction rather than a significant operational or financial event.
Positives
- Director compensation is being paid in company stock, aligning director interests with shareholders.
- The stock grant is part of a shareholder-approved plan.
- The transaction is reported in a timely manner on Form 4.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a director's stock compensation.
Industry Context
StockSavvy.ai notes that the issuance of stock as director compensation is a common practice in the transportation and logistics industry, aimed at aligning executive and director interests with those of shareholders.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Plan | Annual grant of Class A Common Stock to non-employee directors as compensation, based on closing market price on the date of the annual meeting. | Ongoing (as per annual meeting) | Standard practice to align director incentives with shareholder value. |
Related Party Transactions
- The transaction involves a director of Knight-Swift Transportation Holdings Inc. receiving stock as compensation, which is a related party transaction disclosed under SEC regulations.
Stakeholder Impact
- Shareholders: The issuance of stock to directors aligns their interests with shareholders, potentially leading to decisions that benefit long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 05/12/2026 | Transaction Date for stock grant |
| 05/13/2026 | Date of Report Signature |
Keywords
Knight-Swift Transportation Holdings, KNX, Form 4, Director Compensation, Stock Grant, Class A Common Stock, Beneficial Ownership
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