Form 4: Knight-Swift Transportation Holdings Inc. Executive Carlson Trades Shares After Performance Target Attainment

Todd F. Carlson, General Counsel and Secretary of Knight-Swift Transportation Holdings Inc., reports the vesting and conversion of performance-based restricted stock units into Class A Common Stock, followed by a disposition of shares to cover tax obligations.

Summary

• On March 12, 2025, Todd F. Carlson, General Counsel and Secretary of Knight-Swift Transportation Holdings Inc., converted 4,245 performance restricted stock units into Class A Common Stock.
• The conversion occurred after the performance target attainment was determined and approved on the same day, although the shares vested on January 31, 2025.
• Following the conversion, Carlson disposed of 1,841 shares of Class A Common Stock at a price of $57.09 to satisfy tax obligations.
• After these transactions, Carlson directly owns 66,664 shares of Class A Common Stock and indirectly owns 7,257 shares through a trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It doesn't necessarily reflect a broader industry trend but is specific to the individual's financial decisions and company policies regarding equity compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disclosure of insider trading activity.

Key Dates