Cary M. Flanagan - 31 Jan 2023 Form 4 Insider Report for Knight-Swift Transportation Holdings Inc. (KNX)

Role: SVP and CAO
Signature: /s/ James E. Brophy, Attorney in Fact
Issuer symbol: KNX
Transactions as of: 31 Jan 2023
Net transactions value: -$48,698
Form type: 4
Filing time: 02 Feb 2023, 17:56:47 UTC
Previous filing: 02 Jun 2022
Next filing: 01 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KNX	Class A Common Stock	Options Exercise		+2,422	+48%		7,446	31 Jan 2023	Direct	F1
transaction	KNX	Class A Common Stock	Tax liability	$48,698	-824	-11%	$59.10	6,622	31 Jan 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KNX	Restricted Stock Units	Options Exercise	$0	-2,422	-25%	$0.000000	7,266	31 Jan 2023	Class A Common Stock	2,422		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into Class A Common Stock on a one-for-one basis.
F2	The restricted stock units vest as follows: 33% on January 31, 2022; 33% on January 31, 2023; and 34% on January 31, 2024. Stock is issued when and as vested.