secwatch.observer — SEC 8-K summary
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Issuer:     Knight-Swift Transportation Holdings Inc. (KNX)
CIK:        0001492691
Form:       8-K/A
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001008886-24-000094
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Knight-Swift amends 8-K: CEO Miller salary $900k, CFO Hess $425k, ex-CEO Jackson $5.5M severance
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- CEO Adam Miller base salary raised to $900,000 (from $825,000); target bonus increased to 110% of salary.
- CFO Andrew Hess: base salary $425,000, target bonus 75%, time-vested RSUs $288k, performance RSUs $432k.
- Former CEO David Jackson separated Feb 26, 2024: lump-sum $1.85M, $1.85M over 24 months, plus $1.8M for COBRA/covenants/bonus.
- Severance requires release of claims and restrictive covenants (non-compete, non-solicit, non-disclosure).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492691/000100888624000094/0001008886-24-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492691/000100888624000094/form8ka.htm
  HTML page:      https://secwatch.observer/filing/0001008886-24-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer