Form 4: Knight-Swift EVP Sells 4,300 Shares

Knight-Swift Transportation Holdings Inc. EVP and CAO Cary M Flanagan sold 4,300 shares of Class A Common Stock.

Summary

• Cary M Flanagan, Executive Vice President and Chief Accounting Officer of Knight-Swift Transportation Holdings Inc. (KNX), reported a sale of company stock.
• On November 7, 2025, Flanagan disposed of 4,300 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $45.0393 per share, with individual transactions ranging from $45.03 to $45.045.
• Following this transaction, Flanagan beneficially owns 5,644 shares of Class A Common Stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider stock sale, often pre-planned under a Rule 10b5-1 plan, which is generally considered a neutral event.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating it was pre-scheduled and not based on immediate insider information.

Negatives

• An executive selling shares could be perceived as a lack of confidence, though mitigated by the 10b5-1 plan.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

This filing reports a routine insider transaction and does not contain information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders may note the executive's sale of shares, but given it was executed under a 10b5-1 plan and represents a relatively small portion of the company's outstanding shares, the direct impact is likely minimal.

Key Dates

Keywords

Knight-Swift Transportation, KNX, Insider Sale, Form 4, Executive Stock Transaction, Transportation, Logistics