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Form 8-K · Current Report · Filed 2024-11-12

Knight-Swift Transportation Announces Executive Equity Awards and Quarterly Dividend

On November 6, 2024, Knight-Swift Transportation Holdings Inc.

Filer
Knight-Swift Transportation Holdings Inc. KNX · NYSE
Filed
Accession
0001492691-24-000093
CIK
0001492691
Signal
Medium impactIndustrials

Details

announced that the Compensation Committee of the Board of Directors approved equity awards to be granted to the named executive officers on November 30, 2024. These awards include performance-based stock units (PRSUs) and restricted stock unit awards (RSUs) under the Second Amended and Restated 2014 Omnibus Incentive Plan. On the same date, the Board declared a quarterly cash dividend of $0.16 per share of common stock, payable to stockholders of record as of December 6, 2024, with an expected payment date of December 23, 2024. The Company also furnished financial statements and exhibits in this 8-K filing.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Executive Compensation Detail
Item 8.01

Other Events

Dividend Announced
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$58.88

Next session

-3.0%

Since filing

+18.1%

Latest close

$69.53

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from KNX reporting the same item, with the next session's move:

Exhibits (1)

About Knight-Swift Transportation Holdings Inc.

Knight-Swift Transportation Holdings Inc. is a prominent player in the North American trucking and transportation industry. As a holding company, it operates through multiple segments including Trucking, Logistics, and Intermodal services, providing a comprehensive array of transportation solutions. The primary focus of Knight-Swift is to offer reliable and efficient freight movement services across various industries, optimizing supply chains and meeting the logistical needs of businesses. Notable features of the company include its vast fleet of trucks and trailers, advanced logistics technology, and commitment to safety and sustainability practices. The company facilitates a seamless flow of goods, thereby playing a pivotal role in the economy by supporting commerce and industry operations. Knight-Swift’s strategic acquisition approach has expanded its market presence, making it one of the largest trucking companies in the United States. Its operations are crucial in maintaining efficient transportation infrastructures, underscoring its significance in a dynamic and essential sector of the financial market.

Exchange NYSE Industry Trucking Company website ↗

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