Form 4: Knight-Swift Director Sells 2,500 Shares
SEC Form 4 Filing
Director Robert E. Synowicki Jr. sold 2,500 shares of Knight-Swift Transportation Holdings Inc. on August 16, 2024.
Summary
- On August 16, 2024, Robert E. Synowicki Jr., a director of Knight-Swift Transportation Holdings Inc., sold 2,500 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $53.3157 per share.
- Following the transaction, Synowicki directly owns 21,833 shares of Knight-Swift Transportation Holdings Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This transaction is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock. The impact on the stock price is usually minimal unless the transaction involves a significant number of shares or is accompanied by other news.
Stakeholder Impact
- The sale of shares by a director could have a minor negative impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of stock sale transaction |
| 08/19/2024 | Date of Form 4 filing |
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