Fitzsimmons James L 4
4 · Knight-Swift Transportation Holdings Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Knight‑Swift (KNX) COO James Fitzsimmons Receives 5,751 RSU Shares
What Happened
- James L. Fitzsimmons, COO of Swift Transportation (a Knight‑Swift subsidiary), had restricted stock units convert to 5,751 shares of KNX Class A common stock on May 31, 2026.
- To cover tax withholding, the company withheld/sold 1,511 of those shares at $75.63 per share, generating cash of $114,276. After withholding, Fitzsimmons received a net of 4,240 shares.
- This was a routine RSU vesting and sell‑to‑cover tax withholding—not an open‑market sale for other purposes.
Key Details
- Transaction date: 2026-05-31; Form filed: 2026-06-01 (timely; within required reporting window).
- Vesting/conversion (transaction code M): 5,751 RSUs converted to 5,751 shares (one‑for‑one).
- Tax withholding/payment (transaction code F): 1,511 shares withheld at $75.63/share; total cash withheld ≈ $114,276 (breakdown by tranche in filing).
- Shares owned after transaction: Not specified in the provided filing summary.
- Relevant footnotes: RSUs convert one‑for‑one to Class A common stock and vest in annual installments across grants (vesting schedules span grants beginning May 31, 2022 through May 31, 2027). Each RSU equals one share.
Context
- This was a vesting of restricted stock units with a sell‑to‑cover tax withholding (company withheld shares to pay taxes). That is a common, routine administrative transaction and does not necessarily signal a personal decision to liquidate beyond satisfying tax obligations.
- Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = payment of tax liability via share withholding.
Insider Transaction Report
Form 4
Fitzsimmons James L
COO Swift Transportation
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-31+608→ 9,324 total - Tax Payment
Class A Common Stock
2026-05-31$75.63/sh−167$12,630→ 9,157 total - Exercise/Conversion
Class A Common Stock
[F1]2026-05-31+753→ 9,910 total - Tax Payment
Class A Common Stock
2026-05-31$75.63/sh−206$15,580→ 9,704 total - Exercise/Conversion
Class A Common Stock
[F1]2026-05-31+637→ 10,341 total - Tax Payment
Class A Common Stock
2026-05-31$75.63/sh−175$13,235→ 10,166 total - Exercise/Conversion
Class A Common Stock
[F1]2026-05-31+1,683→ 11,849 total - Tax Payment
Class A Common Stock
2026-05-31$75.63/sh−461$34,865→ 11,388 total - Exercise/Conversion
Class A Common Stock
[F1]2026-05-31+1,832→ 13,220 total - Tax Payment
Class A Common Stock
2026-05-31$75.63/sh−502$37,966→ 12,718 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-05-31−608→ 0 total→ Class A Common Stock (608 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-05-31−753→ 754 total→ Class A Common Stock (753 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-05-31−637→ 1,273 total→ Class A Common Stock (637 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-05-31−1,683→ 5,049 total→ Class A Common Stock (1,683 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-05-31−1,832→ 7,328 total→ Class A Common Stock (1,832 underlying) - Exercise/Conversion
Restricted Stock Units
[F8][F7]2026-05-31+5,751→ 5,751 total→ Class A Common Stock (5,751 underlying)
Footnotes (8)
- [F1]Restricted stock units convert to Class A Common Stock on a one-for-one basis.
- [F2]The restricted stock unit grant vests in five equal annual installments beginning May 31, 2022. Stock is issued when and as vested.
- [F3]The restricted stock unit grant vests in five equal annual installments beginning May 31, 2023. Stock is issued when and as vested.
- [F4]The restricted stock unit grant vests in five equal annual installments beginning May 31, 2024. Stock is issued when and as vested.
- [F5]The restricted stock unit grant vests in five equal annual installments beginning May 31, 2025. Stock is issued when and as vested.
- [F6]The restricted stock unit grant vests in five equal annual installments beginning May 31, 2026. Stock is issued when and as vested.
- [F7]The restricted stock unit grant vests in five equal annual installments beginning May 31, 2027. Stock is issued when and as vested
- [F8]Each restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock.
Signature
James Brophy / Attorney in Fact|2026-06-01