Kevin P. Knight - Feb 2, 2023 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

Signature
James E. Brophy, Attorney in Fact
Stock symbol
KNX
Transactions as of
Feb 2, 2023
Transactions value $
-$3,200,000
Form type
4
Date filed
5/30/2023, 06:26 PM
Previous filing
Mar 21, 2023
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNX Class A Common Stock Sale -$3.2M -50K -3.04% $64.00 1.6M Feb 2, 2023 Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2022.