Knight-Swift (KNX) Director Dove Reid Sells 50,000 Shares
$KNX · Knight-Swift Transportation Holdings Inc.Research Summary
AI-generated summary of this SEC filing
Knight-Swift (KNX) Director Dove Reid Sells 50,000 Shares
What Happened
Dove Reid, a director of Knight-Swift Transportation Holdings Inc. (KNX), sold 50,000 shares in an open-market transaction on July 31, 2026. The filing reports a weighted-average price of $70.25 per share, for total proceeds of approximately $3,512,290. This was a sale (not a purchase), which is commonly routine insider selling and not in itself proof of company prospects.
Key Details
- Transaction date: 2026-07-31 (reported same day)
- Transaction type: Sale (Code S), open-market disposition
- Shares sold: 50,000; reported weighted-average price: $70.25; total value ≈ $3,512,290
- Price range disclosed in footnote: shares sold at prices between $70.00 and $70.99; the filer will provide a breakdown on request (Footnote F1)
- Shares owned after transaction: not specified in the provided filing details
- No 10b5-1 plan, tax withholding, option exercise, gift, or other special conditions reported in the summary provided
- Filing timeliness: reported with period and filing date of 2026-07-31 (no late filing indicated)
Context
Sales by directors can be routine (diversification, liquidity, planned sales) and do not alone indicate management’s view of the company. Purchases generally carry more weight as potential positive signals; this report documents a straightforward open-market sale with a disclosed weighted-average price range.