Knight-Swift enters $575M receivables sale facility, names Soumit Roy as GC

Knight-Swift Transportation Holdings Inc.

$575M facility replaces old RPA; treated as sale of receivables, expected to reduce expenses.
Proceeds from new facility used to pay off and terminate prior A&R RPA.
Soumit Roy appointed Executive VP, General Counsel and Corporate Secretary, reporting to CEO Adam Miller, effective Dec 31, 2025.
Receivables collections held for benefit of purchasers; unavailable to satisfy Company claims.

item 1.01 item 1.02 item 2.03 item 8.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Knight-Swift Transportation Holdings Inc. terminated A&R RPA (effective 2025-12-31).

Action: termination
Agreement: credit facility
Effective: 2025-12-31

Exact text from the filing

Concurrently with entering into the 2025 RPA on the Closing Date, the Company used the proceeds from the 2025 RPA to pay off the remaining outstanding borrowings, including accrued interest and fees, and terminated the A&R RPA.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Knight-Swift Transportation Holdings Inc. entered into 2025 RPA with various purchasers, PNC Bank, National Association valued at $575.0 million (effective 2025-12-31).

Action: entry
Agreement: credit facility
Counterparty: various purchasers, PNC Bank, National Association
Value: $575.0 million
Effective: 2025-12-31

Exact text from the filing

On December 31, 2025 ("Closing Date"), Swift Receivables Company II, LLC ("SRCII"), a wholly-owned subsidiary of Knight-Swift Transportation Holdings Inc. (the "Company"), entered into the Receivables Purchase Agreement (the "2025 RPA").

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290 material agreements filed in the last 30 days. Browse all material agreements →

Knight-Swift Transportation Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001492691-26-000002

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