Form 4: Knight-Swift Transportation Holdings Inc. Executive Reed Stultz Reports Stock Transactions
SEC Form 4
Reed Stultz, SR VP Logistics at Knight-Swift Transportation Holdings Inc., reports the vesting and disposal of restricted stock units and related tax withholding.
Summary
- On January 31, 2025, Reed Stultz, SR VP Logistics at Knight-Swift Transportation Holdings Inc., reported transactions involving Class A Common Stock.
- Stultz vested 524 restricted stock units (RSUs) which converted into Class A Common Stock on a one-for-one basis.
- Stultz disposed of 175 shares of Class A Common Stock at a price of $57.09 to cover tax obligations.
- Following these transactions, Stultz directly owns 3,730 shares of Class A Common Stock and indirectly owns 2,246 shares through a trust.
- The reported transactions also reflect Stultz's ownership of 1,048 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices, and does not inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 01/31/2023 | The restricted stock unit grant vests in five equal annual installments beginning on this date. |
| 01/31/2025 | Date of transaction: vesting of restricted stock units and disposal of shares for tax withholding. |
| 02/04/2025 | Date of signature by James Brophy / Attorney in Fact. |
Keywords
Form 4, Knight-Swift Transportation Holdings Inc., KNX, Reed Stultz, Restricted Stock Units, Class A Common Stock, Insider Trading, Beneficial Ownership, Vesting, Tax Withholding
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