Form 4: Knight-Swift Transportation Holdings Inc. Executive VP Cary M. Flanagan Reports Stock Transactions
SEC Form 4 Filing
Executive VP and CAO of Knight-Swift Transportation Holdings Inc., Cary M. Flanagan, reports the vesting and disposal of restricted stock units and associated common stock.
Summary
- Cary M. Flanagan, Executive VP and CAO of Knight-Swift Transportation Holdings Inc., filed a Form 4 on February 4, 2025.
- The report details transactions that occurred on January 31, 2025.
- Flanagan acquired 2,422 shares of Class A Common Stock upon the vesting of restricted stock units.
- Simultaneously, 1,195 shares were disposed of to cover tax obligations at a price of $57.09 per share.
- Following these transactions, Flanagan directly owns 8,210 shares of Class A Common Stock and 2,422 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| January 31, 2022 | Beginning of the five-year vesting period for the restricted stock unit grant. |
| January 31, 2025 | Date of the reported transactions: vesting of restricted stock units and disposal of shares for tax obligations. |
| February 04, 2025 | Date the Form 4 was filed. |
Keywords
Form 4, Knight-Swift Transportation Holdings Inc., Cary M. Flanagan, Class A Common Stock, Restricted Stock Units, Insider Trading, Vesting, Tax Obligations
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