Form 4: Knight-Swift Director Roberta Roberts Shank Reports Stock Acquisition
SEC Form 4 Filing
Director Roberta Roberts Shank acquired 4,777 shares of Knight-Swift Transportation Holdings Inc. Class A Common Stock at $46.05 per share on May 13, 2025, as part of her annual director compensation.
Summary
- On May 13, 2025, Roberta Roberts Shank, a director of Knight-Swift Transportation Holdings Inc., acquired 4,777 shares of Class A Common Stock at a price of $46.05 per share.
- This acquisition was part of her annual director compensation, granted near the annual meeting of shareholders.
- Following the transaction, Shank directly owns 32,099 shares and indirectly owns 3,661 shares through a trust.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects a director's continued investment in the company, aligning interests with shareholders. The transaction is part of a pre-approved compensation plan.
Positives
- The acquisition reflects director's continued investment in the company.
- The stock grant is part of a shareholder-approved plan.
Industry Context
Director compensation in the transportation industry often includes stock grants to align the interests of directors with those of shareholders.
Comparison to Industry Standards
- Director compensation packages vary across the transportation industry, but stock grants are a common component.
- Comparing Knight-Swift's director compensation structure with peers like JB Hunt or Schneider National would provide a benchmark for assessing its competitiveness.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Roberta Roberts Shank acquired 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, Stock Acquisition, Roberta Roberts Shank, KNX
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