$KNX

Dove Reid sold $12.3M of KNX (indirect holdings)

Dove Reid (CEO AAA Cooper Transportation) sold 169,154 indirectly-held shares of Knight-Swift Transportation Holdings Inc. (KNX) at an average of $72.72 ($71.49–$73.13, $12.30M total) across 2 trades over 2026-08-12 to 2026-08-13.

Original reporting
SEC EDGAR · Dove Reid
Published Aug 14, 2026, 4:40 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 14, 2026, 5:07 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$KNX
Neutral
medium confidence
Mentioned
$KNX
Relevance
7/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$KNXNeutralLow
01

Why it matters

A CEO-level sale of $12.3M is a tangible datapoint for positioning and sentiment, but the text provides no operational, financial, or regulatory catalyst tied to KNX.

02

Market read

Traders may briefly reassess sentiment around insider alignment, but the disclosure alone is unlikely to drive a durable repricing without additional company news.

03

What to watch

The filing specifies indirect holdings and post-transaction ownership at 0 shares, but it does not disclose whether other insiders or related entities are selling concurrently, which would matter more for trend signals.

Relevance 7/10Novelty 5/10Timing: Filed 2026-08-14 after-hours/late session; reflects sales executed 2026-08-12 to 2026-08-13.

Background

The article is an SEC Form 4 insider transaction disclosure for Knight-Swift Transportation Holdings (KNX).

Company-level read

Ticker impact

$KNXNeutralMedium confidence
Context

SEC Form 4 shows CEO Dove Reid sold $12.3M of KNX shares via indirect open-market sales on 2026-08-12 to 2026-08-13.

Expected impact

Low likelihood of a sustained price move; any reaction is likely short-lived unless follow-on selling accelerates.

Evidence & confidence

This is a routine Form 4 disclosure with no 10b5-1 plan and no accompanying company-specific news, so the signal is mostly sentiment/positioning rather than fundamentals.

Market effects

Minimal; insider sale in a single transportation/logistics name does not materially reset sector fundamentals.

None indicated.

None indicated.

Counterpoint

Absence of a stated 10b5-1 plan does not necessarily mean bearish intent; sales can be driven by diversification, taxes, or pre-planned liquidity needs not fully captured here.

Key entities

  • KNX

    Knight-Swift Transportation Holdings Inc., issuer of the Form 4 insider sale.

  • Dove Reid

    CEO AAA Cooper Transportation, reporting officer/director insider sale via indirect holdings.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$CHRWMed

Trucking Stocks Fall on Legal Risk in Worst Month Since Tariffs

Trucking and logistics stocks are set for their worst month in over a year as legal risk rises after a Dallas County jury preliminary verdict against CH Robinson Worldwide, tied to a May Supreme Court ruling that may enable lawsuits against brokers for injuries from motor carriers. CH Robinson shares are down 21% this month; RXO and Landstar also fell amid weak earnings and outlooks.

$CSXMed

CSX Corporation (CSX) and Knight-Swift Transportation Holdings Inc. (KNX) Show the Freight Cycle Is Turning. Southwest Airlines Co. (LUV) Shows Fuel Costs Still Hurt Airlines.

CSX (CSX) reported revenue of $3.94B (+10%) and profit of $1.00B (54 cents/share), citing stronger intermodal demand and raised full-year earnings guidance. Knight-Swift (KNX) posted adjusted EPS of 63 cents (+80%) on $2.1B revenue (+13%), attributing gains to tighter truck supply. Southwest (LUV) beat EPS but fuel costs rose 67% to $2.22B, cutting guidance to $3.25-$4.25.

$KNXMedAI 8/10

Knight-Swift sees ‘rapid progression’ in TL fundamentals during Q2

Knight-Swift Transportation (NYSE: KNX) reported Q2 adjusted EPS of 63 cents, above both the prior year (+28 cents) and consensus (12 cents). Revenue rose to $2.1B, ahead of $2.04B consensus. Q3 adjusted EPS guidance is 71 to 77 cents. Management cited improving truckload fundamentals and supply tightening.

$KNXMed

Knight-Swift Transportation Q2 Earnings Call Highlights

Knight-Swift Transportation (NYSE:KNX) reported Q2 improvements driven by pricing and network efficiency across asset-based businesses, with most segments’ operating margins rising YoY. It guided adjusted EPS for Q3 2026 at $0.71 to $0.77. Truckload revenue ex fuel rose 2.8% and adjusted operating income 69.4%, while LTL revenue ex fuel fell 1.4% and Logistics revenue rose 8.9%.

$KNXMedAI 8/10

Swift Transportation (NYSE:KNX) Exceeds Q2 CY2026 Expectations

Knight-Swift Transportation (NYSE:KNX) reported Q2 CY2026 results. Revenue rose 12.6% year on year to $2.10 billion, exceeding Wall Street estimates by about 2%, and non-GAAP adjusted EPS was $0.63, up from $0.35 and 22.5% above consensus. Analysts expect revenue growth of 9.8% over the next 12 months and full-year EPS to rise from $1.35 to $3.14.