Form 4: Knight-Swift Exec VP Cary Flanagan Reports Stock Transactions
SEC Form 4 Filing
Executive VP and CAO of Knight-Swift Transportation Holdings, Cary M Flanagan, reports acquisition and disposal of Class A Common Stock and Restricted Stock Units on January 31, 2024.
Summary
- Cary M Flanagan, Executive VP and CAO of Knight-Swift Transportation Holdings, filed a Form 4 detailing changes in beneficial ownership.
- On January 31, 2024, Flanagan acquired 2,422 shares of Class A Common Stock upon the vesting of Restricted Stock Units.
- Also on January 31, 2024, Flanagan disposed of 1,184 shares of Class A Common Stock at a price of $57.38.
- Following these transactions, Flanagan directly owns 7,118 shares of Class A Common Stock.
- Flanagan also directly owns 4,844 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions may have a minor impact on employees due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 01/31/2022 | Start date for vesting of restricted stock units in five equal annual installments |
| 01/31/2024 | Date of stock transactions: acquisition of shares from vested restricted stock units and disposal of shares. |
| 02/27/2024 | Date of signature for the Form 4 filing. |
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