Flanagan Cary M 4

What Happened

• Cary M. Flanagan, Executive Vice President and Chief Accounting Officer of Knight‑Swift Transportation (KNX), had 2,422 restricted stock units (RSUs) convert into Class A common stock on January 31, 2026. To satisfy tax withholding, 1,205 shares were withheld at $55.10 per share, totaling $66,396. The net shares delivered to Flanagan were 1,217 (2,422 issued minus 1,205 withheld). This was a vesting/conversion event, not an open‑market purchase or sale.

Key Details

• Transaction date: January 31, 2026; Form 4 filed February 2, 2026.
• RSUs converted: 2,422 shares (transaction code M: exercise/conversion of derivative).
• Tax withholding: 1,205 shares withheld at $55.10/sh = $66,396 (transaction code F).
• Net shares delivered to insider: 1,217.
• Footnotes: F1 — RSUs convert one‑for‑one into Class A common stock. F2 — Remaining stock units vested on Jan 31, 2026; stock is issued as vested.
• Shares owned after transaction: Not specified in the filing.

Context

• This was a routine equity compensation vesting event; the withholding of shares to cover taxes is standard and is not an open‑market sale. Such transactions generally reflect standard employee compensation rather than a signal about the insider’s view on the stock.