Form 4: Knight-Swift Director Sells Shares Under 10b5-1 Plan

A director at Knight-Swift Transportation Holdings Inc. sold 3,000 shares of Class A Common Stock as part of a pre-arranged trading plan.

Summary

• Robert E. Synowicki Jr., a Director of Knight-Swift Transportation Holdings Inc. (KNX), reported a transaction involving the company's Class A Common Stock.
• On August 12, 2025, Mr. Synowicki disposed of 3,000 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $42.4334 per share, with individual transactions ranging from $42.3001 to $42.7000.
• This transaction was conducted pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• Following this transaction, Mr. Synowicki directly beneficially owns 19,853 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral. A routine insider transaction under a pre-arranged 10b5-1 plan. While a sale, it's a small percentage of the director's holdings and not indicative of significant negative sentiment or company performance issues.

Negatives

• A director's sale of shares, even if pre-planned, can sometimes be perceived as a slight negative signal, though the amount is relatively small compared to the company's market capitalization.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide broader insights into industry trends or competitive landscape within the transportation and logistics sector.

Stakeholder Impact

• Shareholders: Minimal direct impact from this single, pre-planned insider transaction. It represents a small disposition of shares by a director.

Key Dates

Keywords

Knight-Swift Transportation, KNX, SEC Form 4, Insider Trading, Director Share Sale, 10b5-1 Plan, Transportation, Logistics