Form 4: Knight-Swift Transportation CEO Adam Miller Reports Stock Transactions
SEC Form 4 Filing
CEO Adam Miller of Knight-Swift Transportation Holdings Inc. reports the acquisition and disposal of Class A Common Stock and Performance Restricted Stock Units.
Summary
- On March 13, 2024, Adam Miller, CEO of Knight-Swift Transportation Holdings Inc., reported transactions involving Class A Common Stock and Performance Restricted Stock Units.
- Miller acquired 16,674 shares of Class A Common Stock upon the conversion of Performance Restricted Stock Units.
- He also disposed of 7,229 shares of Class A Common Stock at a price of $57.38 per share.
- Following these transactions, Miller directly owns 151,681 shares of Class A Common Stock.
- The reported transactions relate to the vesting of restricted stock units on January 31, 2024, with the performance target attainment determined and approved on March 13, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which is neutral in 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 to investors regarding insider activity.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/31/2024 | Shares vested on January 31, 2024 |
| 03/13/2024 | Date of transactions: acquisition and disposal of shares, performance target attainment was determined and approved |
| 03/15/2024 | Date of signature on the Form 4 filing |
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