dividend
confidence high
sentiment neutral
materiality 0.25
Knight-Swift declares $0.16 quarterly dividend; awards PRSUs/RSUs to execs
Knight-Swift Transportation Holdings Inc.
- Quarterly cash dividend of $0.16/share, payable Dec 23, 2024 to holders of record Dec 6, 2024.
- Compensation committee approved PRSU (60%) and RSU (40%) awards for NEOs under 2014 Omnibus Plan.
- PRSU targets: CEO Adam Miller $1.8M, Executive Chairman Kevin Knight $1.62M, CFO Andrew Hess $510K.
- RSU targets: CEO $1.2M, Executive Chairman $1.08M, CFO $340K; vest in three annual tranches from Jan 2026.
- PRSUs based on 2025-2027 performance metrics including adjusted EPS growth and revenue growth vs. peer group.