Knight-Swift (NYSE: KNX) CFO logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings reported an insider equity transaction by Joshua Smith, CFO - US Xpress. On January 31, 2026, 1,695 restricted stock units converted into the same number of Class A common shares at $0 exercise price, reflecting normal vesting of prior equity awards.
To cover associated obligations, 431 Class A shares were withheld at $55.10 per share, leaving Smith with 14,984 Class A shares directly owned and 3,633 restricted stock units remaining. The grant vests in seven annual installments from January 31, 2022 through January 31, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,695 shares exercised/converted
Mixed
3 txns
Insider
Smith Joshua
Role
CFO - US Xpress
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,695 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,695 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 431 | $55.10 | $24K |
Holdings After Transaction:
Restricted Stock Units — 3,633 shares (Direct);
Class A Common Stock — 15,415 shares (Direct)
Footnotes (1)
- Restricted stock units convert into Class A Common Stock on a one-for-one basis. The restricted stock unit grant vests in seven annual installments beginning on January 31, 2022 and ending on January 31, 2028. Stock is issued when and as vested.
FAQ
What insider transaction did KNX CFO Joshua Smith report on this Form 4?
Joshua Smith reported RSU vesting and share withholding. On January 31, 2026, 1,695 restricted stock units converted into Class A common shares, and 431 of those shares were withheld at $55.10 per share to satisfy related obligations under the award terms.
What happened to the restricted stock units reported in the KNX Form 4?
1,695 restricted stock units converted into Class A shares. The units convert to Knight-Swift Class A Common Stock on a one-for-one basis. After this vesting and conversion event, Smith holds 3,633 restricted stock units that continue to follow the original multi-year vesting schedule.
How does the KNX restricted stock unit grant for Joshua Smith vest over time?
The restricted stock unit grant vests over seven years. It vests in seven annual installments beginning on January 31, 2022 and ending on January 31, 2028. Stock is issued when, and as, each installment vests according to the grant’s original terms.
What derivative securities does Joshua Smith still hold in Knight-Swift (KNX)?
Smith continues to hold 3,633 restricted stock units. These RSUs represent a right to receive Class A Common Stock on a one-for-one basis as they vest. They follow the same seven-year annual vesting schedule that runs through January 31, 2028.