Form 4: Knight-Swift Director Robert E. Synowicki Jr. Acquires 1,020 Shares of Class A Common Stock
SEC Form 4 Filing
Director Robert E. Synowicki Jr. acquired 1,020 shares of Knight-Swift Transportation Holdings Inc. Class A Common Stock at $46.05 per share on May 13, 2025, as part of his annual director compensation.
Summary
- On May 13, 2025, Robert E. Synowicki Jr., a director of Knight-Swift Transportation Holdings Inc., acquired 1,020 shares of Class A Common Stock.
- The shares were acquired at a price of $46.05 per share.
- This transaction was part of the annual grant of shares to non-employee directors as compensation.
- Following the transaction, Synowicki directly owns 22,853 shares of Knight-Swift Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. It reflects a routine transaction related to director compensation, indicating alignment of interests between management and shareholders.
Positives
- The acquisition reflects the director's continued investment in the company.
- The annual grant of shares aligns director compensation with shareholder interests.
Industry Context
Director share acquisitions are common in publicly traded companies as part of compensation packages to align the interests of directors with those of shareholders. This is a standard practice in the transportation and logistics industry.
Comparison to Industry Standards
- Director compensation packages often include stock grants to incentivize performance and align interests with shareholders.
- Companies like JB Hunt and Schneider National also utilize stock-based compensation for their directors.
- The amount of stock granted to directors varies based on company size, performance, and industry standards.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Robert E. Synowicki Jr. acquired 1,020 shares of Class A Common Stock. |
| 05/14/2025 | Date of signature: James Brophy, Attorney in Fact, signed the Form 4 on behalf of Robert E. Synowicki Jr. |
Keywords
Knight-Swift Transportation Holdings Inc., Director Compensation, Class A Common Stock, Form 4, Robert E. Synowicki Jr., Share Acquisition, KNX
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