Smith Joshua 4
Research Summary
AI-generated summary
Knight-Swift (KNX) CFO Joshua Smith Sells 5,770 Shares
What Happened
- Joshua Smith, CFO of US Xpress (a subsidiary of Knight‑Swift Transportation Holdings, KNX), sold 5,770 shares on Feb 26, 2026 in open-market transactions.
- The weighted-average price was $60.91, generating gross proceeds of approximately $351,474. This was a sale (not a purchase), which is commonly routine insider selling and does not by itself indicate company performance.
Key Details
- Transaction date: 2026-02-26 (reported on Form 4 filed 2026-02-27 — timely filing).
- Shares sold: 5,770 at a weighted-average price of $60.91 (price range reported: $60.900 to $60.940).
- Proceeds: ~$351,474.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnote: The reported price is a weighted average; the filer can provide a breakdown of how many shares were sold at each price within the $60.900–$60.940 range upon request.
- No 10b5-1 plan, tax-withholding sale, or other special conditions were disclosed in the provided summary.
Context
- Sales by executives can be routine (diversification, tax planning, payroll needs) and don’t necessarily signal a change in company outlook; purchases tend to be more informative about insider confidence.
- If you want full ownership details or the per-transaction pricing, the filer has offered to provide that breakdown to KNX, shareholders, or SEC staff upon request.