Form 4: Knight-Swift Director Vander Ploeg Receives Annual Stock Grant

Director David Vander Ploeg acquired 2,823 shares of Knight-Swift Transportation Holdings Inc. Class A Common Stock as part of his annual director compensation.

Summary

• On May 13, 2025, David Vander Ploeg, a director of Knight-Swift Transportation Holdings Inc., acquired 2,823 shares of Class A Common Stock.
• The acquisition was part of his annual director compensation, granted near the annual meeting of shareholders.
• The price per share was $46.05, based on the closing market price on the date of the annual meeting.
• Following the transaction, Vander Ploeg indirectly owns 33,552 shares through a trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock grant) and doesn't indicate any significant positive or negative sentiment. It's a standard part of director compensation.

Positives

• The grant of shares to directors aligns their interests with those of the shareholders.
• The plan under which the grants are made has been approved by the shareholders.

Industry Context

Director compensation in the form of stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders. This Form 4 filing is a routine disclosure required by the SEC.

Comparison to Industry Standards

• Stock grants to directors are a common practice among publicly traded companies, including competitors like JB Hunt and Schneider National.
• The size of the grant is likely determined by company policy and benchmarked against peer companies to ensure competitive compensation for board members.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

Knight-Swift Transportation Holdings Inc., Director Compensation, Stock Grant, Class A Common Stock, Beneficial Ownership, Form 4, KNX