Form 4: Knight-Swift Transportation CEO Adam Miller Reports Stock Transactions
SEC Form 4 Filing
CEO Adam Miller reports the vesting and conversion of restricted stock units into Class A Common Stock, along with a disposition of shares to cover tax obligations.
Summary
- On March 12, 2025, Adam Miller, CEO of Knight-Swift Transportation Holdings Inc., reported transactions involving Class A Common Stock.
- 14,149 restricted stock units vested and were converted into Class A Common Stock.
- Simultaneously, 6,134 shares were disposed of at a price of $57.09 to satisfy tax obligations.
- Following these transactions, Miller directly owns 169,440 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which investors monitor for insights into management's perspective on the company's value and prospects.
Key Dates
| Date | Description |
|---|---|
| January 31, 2025 | Shares vested. |
| March 12, 2025 | Restricted stock units converted, shares disposed of for tax obligations, and performance target attainment was determined and approved. |
| March 13, 2025 | Date of signature on the Form 4 filing. |
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