GARNREITER MICHAEL 4
Research Summary
AI-generated summary
Knight‑Swift (KNX) Director Michael Garnreiter Receives Award
What Happened
- Michael Garnreiter, a member of the Knight‑Swift Transportation Holdings Inc. board (Director), was awarded 2,838 shares of Knight‑Swift Class A common stock on May 12, 2026. The grant was recorded at $59.90 per share, for a total value of $169,996. This was an award/grant (A) as part of director compensation, not an open‑market purchase or sale.
Key Details
- Transaction date and price: May 12, 2026 — 2,838 shares at $59.90 per share.
- Total value: $169,996 (2,838 × $59.90).
- Shares owned after transaction: Not disclosed in the provided filing.
- Transaction code: A (award/grant).
- Footnote: The grant is part of Knight‑Swift’s annual director compensation program — non‑employee directors receive an annual share grant priced at the closing market price on the annual meeting date; the plan was shareholder‑approved.
- Filing timeliness: Report filed May 13, 2026 for a May 12, 2026 transaction — appears to be timely.
Context
- Director awards are routine compensation and do not necessarily indicate trading sentiment. The grant reflects standard, shareholder‑approved director pay rather than a market purchase or sale.