# EDGAR Filing Document

**Accession Number:** 0001492691
**File Stem:** 0001492691-25-000077
**Filing Date:** 2025-11
**Character Count:** 12443
**Document Hash:** c9be98becf50024a594099932a1a3f65
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001492691-25-000077.hdr.sgml**: 20251107

**ACCESSION NUMBER**: 0001492691-25-000077

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251104

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251107

**DATE AS OF CHANGE**: 20251107

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Knight-Swift Transportation Holdings Inc.
- **CENTRAL INDEX KEY:** 0001492691
- **STANDARD INDUSTRIAL CLASSIFICATION:** TRUCKING (NO LOCAL) [4213]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 205589597
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35007
- **FILM NUMBER:** 251460752

**BUSINESS ADDRESS:**
- **STREET 1:** 2200 SOUTH 75TH AVENUE
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85043
- **BUSINESS PHONE:** 602-269-9700

**MAIL ADDRESS:**
- **STREET 1:** 2200 SOUTH 75TH AVENUE
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85043

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SWIFT TRANSPORTATION Co
- **DATE OF NAME CHANGE:** 20110512

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SWIFT TRANSPORTATION CO
- **DATE OF NAME CHANGE:** 20101209

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SWIFT TRANSPORTATION Co
- **DATE OF NAME CHANGE:** 20101129

?xml version='1.0' encoding='ASCII'? knx-20251104

    

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**___________________________________________________________________________________________________________________________________**

**FORM 8-K** 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 4, 2025

**___________________________________________________________________________________________________________________________________**

![knightswiftlogo2018newa27.jpg](knx-20251104_g1.jpg)

**___________________________________________________________________________________________________________________________________**

**Knight-Swift Transportation Holdings Inc.** 

(Exact name of registrant as specified in its charter)

**___________________________________________________________________________________________________________________________________**

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| | | |
|:---|:---|:---|
| **Delaware** | **001-35007** | **20-5589597** |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

**2002 West Wahalla Lane** 

**Phoenix, Arizona 85027** 

(Address of principal executive offices and zip code)

**(602) 269-2000** 

(Registrant's telephone number, including area code)

**N/A**

(Former name or former address, if changed since last report)

---

| | |
|:---|:---|
| Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

---

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| | | |
|:---|:---|:---|
| Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: |
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock $0.01 Par Value | KNX | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**☐** 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&nbsp;&nbsp;&nbsp;&nbsp;**☐**

    

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| | |
|:---|:---|
| ***ITEM 5.02*** | ***DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS*** |

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***Knight-Swift Grants Equity Awards and Increases Base Salary of Certain Named Executive Officers***

On November 4, 2025, the Compensation Committee of the Board of Directors (the "Board") approved equity awards to be granted on November 28, 2025 to the named executive officers of Knight-Swift Transportation Holdings Inc. ("the Company"), including performance based stock units ("PRSUs"), representing 60% of the total equity award, and restricted stock unit awards ("RSUs"), representing 40% of the total equity award, under our Second Amended and Restated 2014 Omnibus Incentive Plan (the "Omnibus Plan").

The PRSU awards were based on PRSU compensation targets established by the Compensation Committee, after taking into account competitive compensation factors, divided by the closing price of the Company's common stock on the November 28, 2025 grant date. The actual number of shares of the Company's common stock issued to participants will vary based on the Company's performance targets for a defined performance period against the objective performance metrics established by the Compensation Committee. The performance period runs from January 1, 2026, through December 31, 2028.

The PRSU awards will consist of two performance groups. Performance targets for the first performance group will be based on an equal weighting of (i) the Company's adjusted earnings per share compounded annual growth rate, and (ii) the Company's revenue, excluding trucking and less-than-truckload fuel surcharge, compounded annual growth rate, which will apply to 33% of the PRSU award. Performance targets for the second performance group will be based on the ranking of (i) the Company's total compounded annual revenue growth rate, and (ii) the Company's return on net tangible assets, when compared to the Company's relative peer group of public truckload carriers, as identified by the Compensation Committee, which applies to 67% of the PRSU award.

The actual awards for either performance group could result in payments between 0% and 200% of the target award relative to the performance targets identified within either performance group. The resulting awards may then be multiplied by a factor between 75% and 125%, based on the Company's compound annual total stockholder return relative to the compound annual total stockholder return of a peer group of public truckload and less-than-truckload carriers and logistics companies. Any PRSUs earned will vest and shares of the Company's common stock will be deliverable to each participant on or near January 31, 2029, subject to other vesting and forfeiture provisions.

In accordance with aligning equity grants with the Company's long-term growth and revenue objectives, the Compensation Committee authorized time-based RSU awards to be granted on November 28, 2025 under the Omnibus Plan. The RSUs will vest in three increments as follows: 33% on January 31, 2027; 33% on January 31, 2028; and 34% on January 31, 2029, subject to continuous employment and other vesting and forfeiture provisions. The number of shares of the Company's common stock to be issued to recipients will equal the RSU compensation target divided by the closing price of the Company's common stock on the November 28, 2025 grant date.

The following chart lists the PRSU and RSU compensation targets (expressed in dollars) for the Company's named executive officers:

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| | | | |
|:---|:---|:---|:---|
| **Name** | **Position** | **RSU Award <br>($)** | **PRSU Award <br>($)** |
| Kevin Knight | Executive Chairman | 1080000 | 1620000 |
| Adam Miller | Chief Executive Officer | 1280000 | 1920000 |
| Andrew Hess | Chief Financial Officer | 400000 | 600000 |
| Gary Knight | Vice Chairman | 320000 | 480000 |

---

On November 4, 2025, the Compensation Committee also increased Mr. Hess' base salary from $500,000 to $550,000, effective November 8, 2025.

***Knight-Swift Announces Retirement of General Counsel and Secretary***

On November 7, 2025, the Company announced that Todd Carlson, General Counsel and Secretary, will retire effective January 1, 2026. Mr. Carlson will remain with the Company through the transition period to ensure a smooth handover of responsibilities. The Company thanks Mr. Carlson for his years of service and leadership.

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| | |
|:---|:---|
| ***ITEM 8.01*** | ***OTHER EVENTS*** |

---

On November 7, 2025, the Company announced that on November 5, 2025 the Board declared a quarterly cash dividend of $0.18 per share of common stock. The dividend is payable to the Company's stockholders of record as of December 5, 2025, and is expected to be paid on December 22, 2025.

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| | |
|:---|:---|
| ***ITEM 9.01*** | ***FINANCIAL STATEMENTS AND EXHIBITS*** |

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(d) Exhibits

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| | |
|:---|:---|
| **Exhibit** | **Description** |
| <u>[Exhibit 99](knx-exhibit9911072025.htm)</u> | <u>[Knight-Swift Transportation Holdings Inc. press release dated November 7, 2025, announcing quarterly cash dividend](knx-exhibit9911072025.htm)</u> |
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| | | **Knight-Swift Transportation Holdings Inc.** |
| | | (Registrant) |
| Date: | November 7, 2025 | */s/ Andrew Hess* |
| | | Andrew Hess |
| | | Chief Financial Officer |

---

## Ex-99

**Exhibit 99**

**KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.**

**ANNOUNCES QUARTERLY CASH DIVIDEND**

**PHOENIX, ARIZONA —** Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors ("the Board") has declared the Company's quarterly cash dividend of $0.18 per share of common stock. The Company's quarterly dividends are pursuant to a cash dividend policy approved by the Board. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Board each quarter after its review of the Company's financial performance.

The Company's dividend is payable to stockholders of record on December 5, 2025, and is expected to be paid on December 22, 2025.

Knight-Swift is one of North America's largest and most diversified freight transportation companies providing multiple truckload transportation and logistics services as well as LTL services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating the country's largest tractor fleet, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.

Contact: Adam Miller, CEO, Andrew Hess, CFO, or Brad Stewart, Treasurer and SVP - (602) 606-6349

<br>