Knight-Swift Transportation (KNX) Form 4 Knight-Swift Transportation / Joseph Sherer ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Sherer Joseph

(Last) (First) (Middle)

2200 S 75TH AVE

(Street)

PHOENIX AZ 85043

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Knight-Swift Transportation Holdings Inc. [ KNX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP Logistics/Intermodel

3. Date of Earliest Transaction (Month/Day/Year)
05/31/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/31/2024		M		615	A	(1)	14,495.6	D
Class A Common Stock	05/31/2024		F		262	D	$48.25	14,233.6	D
Class A Common Stock	05/31/2024		M		509	A	(1)	14,742.6	D
Class A Common Stock	05/31/2024		F		217	D	$48.25	14,525.6	D
Class A Common Stock	05/31/2024		M		523	A	(1)	15,048.6	D
Class A Common Stock	05/31/2024		F		223	D	$48.25	14,825.6	D
Class A Common Stock	05/31/2024		M		685	A	(1)	15,510.6	D
Class A Common Stock	05/31/2024		F		291	D	$48.25	15,219.6	D
Class A Common Stock	05/31/2024		M		545	A	(1)	15,764.6	D
Class A Common Stock	05/31/2024		F		232	D	$48.25	15,532.6	D
Class A Common Stock								986	I	by 401(k) plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/31/2024		M			615	(2)	(2)	Class A Common Stock	615	$0	0	D
Restricted Stock Units	(1)	05/31/2024		M			509	(3)	(3)	Class A Common Stock	509	$0	510	D
Restricted Stock Units	(1)	05/31/2024		M			523	(4)	(4)	Class A Common Stock	523	$0	1,048	D
Restricted Stock Units	(1)	05/31/2024		M			685	(5)	(5)	Class A Common Stock	685	$0	2,055	D
Restricted Stock Units	(1)	05/31/2024		M			545	(6)	(6)	Class A Common Stock	545	$0	2,182	D
Restricted Stock Units	(8)	05/31/2024		A		5,492		(7)	(7)	Class A Common Stock	5,492	$0	5,492	D

Explanation of Responses:

1. Restricted stock units convert to Class A Stock on a one-for-one basis.

2. The restricted stock unit grant vests in five equal annual installments beginning May 31, 2020. Stock is used when and as vested.

3. The restricted stock unit grant vests in five equal annual installments beginning May 31, 2021. Stock is used when and as vested.

4. The restricted stock unit grant vests in five equal annual installments beginning May 31, 2022. Stock is used when and as vested.

5. The restricted stock unit grant vests in five equal annual installments beginning May 31, 2023. Stock is used when and as vested.

6. The restricted stock unit grant vests in five equal annual installments beginning May 31, 2024. Stock is used when and as vested.

7. The restricted stock unit grant vests in five equal annual installments beginning May 31, 2025. Stock is used when and as vested.

8. Each restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock.

	James E. Brophy, Attorney in Fact	06/04/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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