Knight-Swift Transportation Holdings Inc. — fact timeline

David Vander Ploeg was appointed as Chair of the Board at Knight-Swift Transportation Holdings Inc..

“The Board appointed David Vander Ploeg as Chair of the Board effective upon Mr. Knight’s resignation.”

Kevin Knight resigned as Executive Chairman at Knight-Swift Transportation Holdings Inc..

“On June 3, 2026, Mr. Kevin Knight resigned as Executive Chairman of the Board of Directors (the “Board”) and member of the Board of Knight-Swift Transportation Holdings Inc. (the “Company”), effective June 3, 2026 (the “Effective Date”).”

Knight-Swift Transportation Holdings Inc. shareholders rejected Stockholder proposal regarding support for transparency in political spending at the 2026-05-12 meeting.

“Proposal No. 4: The Company’s stockholders voted against a stockholder proposal regarding support for transparency in political spending: For Against Abstain Broker Non-Votes 58,775,094 89,882,289 657,970 7,102,709”

Knight-Swift Transportation Holdings Inc. shareholders approved Ratification of appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal year 2026 at the 2026-05-12 meeting.

“Proposal No. 3: The Company’s stockholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2026: For Against Abstain 151,056,686 5,307,694 53,682”

Knight-Swift Transportation Holdings Inc. shareholders approved Advisory vote on executive compensation at the 2026-05-12 meeting.

“Proposal No. 2: The Company's stockholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers: For Against Abstain Broker Non-Votes 145,003,151 4,260,595 51,607 7,102,709”

Knight-Swift Transportation Holdings Inc. shareholders approved Election of eleven directors at the 2026-05-12 meeting.

“Proposal No. 1: The Company's stockholders elected eleven directors, each such director to serve until the 2027 Annual Meeting of Stockholders: For Against Abstain Broker Non-Votes Douglas Col 144,157,835 5,114,826 42,692 7,102,709 Reid Dove 142,500,841 6,758,593 55,919 7,102,709 Michael Garnreiter 140,628,781 8,631,236 55,336 7,102,709 Louis Hobson 144,118,862 5,129,477 67,014 7,102,709 Gary Knight 143,534,702 5,724,238 56,413 7,102,709 Kevin Knight 143,045,397 6,213,716 56,240 7,102,709 Adam Miller 144,155,212 5,104,585 55,556 7,102,709 Kathryn Munro 140,048,534 9,211,386 55,433 7,102,709 Jessica Powell 147,908,454 1,339,722 67,177 7,102,709 Roberta Roberts Shank 144,703,579 4,567,843 43,931 7,102,709 David Vander Ploeg 133,165,154 16,094,180 56,019 7,102,709”

Knight-Swift Transportation Holdings Inc. issued convertible note to initial purchasers for $1.5 billion aggregate principal amount.

“On May 8, 2026, Knight-Swift Transportation Holdings Inc. (the "Company") completed its previously announced private offering (the "Offering") of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031 (the "Notes"), including the exercise in full of the initial purchasers' option to purchase up to an additional $200.0 million principal amount of the Notes.”

Knight-Swift Transportation Holdings Inc. incurred convertible notes of $1.5 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 1.00% per year maturing November 15, 2031.

“On May 8, 2026, Knight-Swift Transportation Holdings Inc. (the "Company") completed its previously announced private offering (the "Offering") of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031”

Knight-Swift Transportation Holdings Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $1.5 billion aggregate principal amount (effective 2026-05-08).

“On May 8, 2026, Knight-Swift Transportation Holdings Inc. (the "Company") completed its previously announced private offering (the "Offering") of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031 (the "Notes"), including the exercise in full of the initial purchasers' option to purchase up to an additional $200.0 million principal amount of the Notes.”

Knight-Swift Transportation Holdings Inc. reported financial results for the quarter ended March 31, 2026.

“On April 22, 2026 , Knight-Swift Transportation Holdings Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter ended March 31, 2026.”

Knight-Swift Transportation Holdings Inc. reported second quarter of 2026 results: EPS $0.45 to $0.49. Guidance initiated.

“the Company expects Adjusted EPS (1) for the second quarter of 2026 to range from $0.45 to $0.49.”

Knight-Swift Transportation Holdings Inc. reported first quarter of 2026 results: EPS $0.08 to $0.10. Guidance reaffirmed.

“the Company now expects Adjusted EPS (1) for the first quarter of 2026 will range from $0.08 to $0.10 (which is an update from the previously-announced expectation of $0.28 to $0.32).”

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

“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.”

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).

“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").”

Knight-Swift Transportation Holdings Inc. incurred credit facility of $2.5 billion with Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents at SOFR plus 1.55% for the 2025 Revolver and 2025 Term Loan A-1 and SOFR plus 1.425 maturing July 8, 2030 (2025 Revolver and 2025 Term Loan A-1); January 8, 2027 (2025 Term Loan A-2).

“On July 8, 2025 (the "Closing Date"), Knight-Swift Transportation Holdings Inc. (the "Company") entered into a $2.5 billion unsecured credit facility with the lenders thereto, Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents (the "2025 Debt Agreement")”

Knight-Swift Transportation Holdings Inc. incurred term loan of $300.0 million with Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents at SOFR plus 1.425% maturing January 8, 2027.

“(the "Company") entered into a $2.5 billion unsecured credit facility with the lenders thereto, Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents (the "2025 Debt Agreement"), replacing the Company's previous $2.3 billion unsecured credit facility (the "2021 Debt Agreement") and the Company’s previous $250 million unsecured term loan (the “2023 Term Loan”).”

Knight-Swift Transportation Holdings Inc. incurred term loan of $700.0 million with Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents at SOFR plus 1.55% maturing July 8, 2030.

“(the "Company") entered into a $2.5 billion unsecured credit facility with the lenders thereto, Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents (the "2025 Debt Agreement"), replacing the Company's previous $2.3 billion unsecured credit facility (the "2021 Debt Agreement") and the Company’s previous $250 million unsecured term loan (the “2023 Term Loan”).”

Knight-Swift Transportation Holdings Inc. incurred revolving credit of $1.5 billion with Bank of America, N.A. as Administrative Agent, Swingline Lender, and Issuing Lender and PNC Capital Markets, LLC and Wells Fargo Bank, National Association as Co-Syndication Agents at SOFR plus 1.55% maturing July 8, 2030.

“The 2025 Debt Agreement includes the following facilities: • $1.5 billion revolving line of credit (the "2025 Revolver"), $672.0 million of which was drawn upon the Closing Date, maturing July 8, 2030”

Robert Synowicki, Jr. departed as Director at Knight-Swift Transportation Holdings Inc..

“On April 1, 2025, Robert Synowicki, Jr. confirmed to Knight-Swift Transportation Holdings Inc. (the "Company") that he will not be standing for reelection at the Company’s 2025 Annual Meeting of Stockholders.”

Douglas Col was appointed as Director at Knight-Swift Transportation Holdings Inc..

“appointed Douglas Col as a member of the Board, effective as of March 13, 2025”

Knight-Swift Transportation Holdings Inc. shareholders rejected Stockholder proposal on managing climate risk through science-based targets and transition planning at the 2024-05-14 meeting.

“Proposal No. 4: The Company’s stockholders voted against a stockholder proposal regarding managing climate risk through science-based targets and transition planning: For Against Abstain Broker Non-Votes 17,418,902 122,100,479 830,920 9,439,358”

Knight-Swift Transportation Holdings Inc. shareholders approved Ratification of independent auditor at the 2024-05-14 meeting.

“Proposal No. 3: The Company’s stockholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2024: For Against Abstain 148,421,238 1,306,291 62,130”

Knight-Swift Transportation Holdings Inc. shareholders approved Advisory vote on executive compensation at the 2024-05-14 meeting.

“Proposal No. 2: The Company's stockholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers: For Against Abstain Broker Non-Votes 137,927,898 2,321,332 101,071 9,439,358”

Knight-Swift Transportation Holdings Inc. shareholders approved Election of twelve directors at the 2024-05-14 meeting.

“Proposal No. 1: The Company's stockholders elected twelve directors, each such director to serve a term of one year: For Against Abstain Broker Non-Votes Amy Boreger 138,952,493 1,338,114 59,694 9,439,358 Reid Dove 136,293,397 3,986,632 70,272 9,439,358 Michael Garnreiter 136,400,208 3,883,017 67,076 9,439,358 Louis Hobson 136,725,843 3,556,856 67,602 9,439,358 Gary Knight 137,147,798 3,146,572 55,931 9,439,358 Kevin Knight 136,624,470 3,669,739 56,092 9,439,358 Adam Miller 138,254,520 2,027,570 68,211 9,439,358 Kathryn Munro 134,758,190 5,531,422 60,689 9,439,358 Jessica Powell 137,075,516 3,214,900 59,885 9,439,358 Roberta Roberts Shank 138,524,742 1,764,426 61,133 9,439,358 Robert Synowicki, Jr. 136,702,975 3,575,737 71,589 9,439,358 David Vander Ploeg 129,183,834 11,095,858 70,609 9,439,358”

Knight-Swift Transportation Holdings Inc. reported financial results for quarter ended March 31, 2024.

“On April 24, 2024 , Knight-Swift Transportation Holdings Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter ended March 31, 2024.”

Knight-Swift Transportation Holdings Inc. reported first and second quarters of 2024 results: EPS $0.11 to $0.12 (first quarter) and $0.26 to $0.30 (second quarter). Guidance lowered.

“the Company now expects that Adjusted EPS (1) for the first quarter of 2024 will range from $0.11 to $0.12 (which is an update from the previously-announced expectation of $0.37 to $0.41).”

Andrew Hess was appointed as Chief Financial Officer at Knight-Swift Transportation Holdings Inc..

“the Company appointed Adam Miller as the Company’s Chief Executive Officer and Andrew Hess as the Company’s Chief Financial Officer, both effective February 26, 2024.”

Adam Miller was appointed as Chief Executive Officer at Knight-Swift Transportation Holdings Inc..

“the Company appointed Adam Miller as the Company’s Chief Executive Officer and Andrew Hess as the Company’s Chief Financial Officer, both effective February 26, 2024.”

David A. Jackson departed as Chief Executive Officer at Knight-Swift Transportation Holdings Inc..

“David A. Jackson stepped down as Chief Executive Officer of the Company and as a member of the Board.”

Andrew Hess was appointed as Chief Financial Officer at Knight-Swift Transportation Holdings Inc..

“the Board appointed Andrew Hess, 51, as Chief Financial Officer of the Company.”

Adam W. Miller changed role as Chief Executive Officer at Knight-Swift Transportation Holdings Inc..

“Effective February 26, 2024, the Board of Directors (the “Board”) of Knight-Swift Transportation Holdings Inc., a Delaware corporation (the “Company”), promoted Adam W. Miller, 43, to Chief Executive Officer, succeeding David A. Jackson.”

David A. Jackson departed as Chief Executive Officer at Knight-Swift Transportation Holdings Inc..

“Mr. Jackson has stepped down as Chief Executive Officer of the Company and a member of the Board.”

Knight-Swift Transportation Holdings Inc. reported the quarter ended December 31, 2023 results: revenue $1,931,919, net income $(10,655), EPS $(0.07).

“using a normalized 24.3% effective tax rate for the quarter. Quarter Ended December 31, 1 2023 2022 Change (Dollars in thousands, except per share data) Total revenue $ 1,931,919 $ 1,743,623 10.8 % Revenue, excluding truckload and LTL fuel surcharge $ 1,692,179 $ 1,515,774 11.6 % Operating income $ 18,280 $ 202,523 (91.0) % Adjusted Operating Income 2 $”

Knight-Swift Transportation Holdings Inc.: Adopted Fifth Amended and Restated By-laws to prohibit indemnification of an employee or officer to the extent prohibited by the company's clawback policy (effective 2023-11-08).

“Effective November 8, 2023, the Board of Directors (the "Board") of Knight-Swift Transportation Holdings Inc. (the "Company") approved the Fifth Amended and Restated By-laws of the Company to prohibit indemnification of an employee or officer to the extent such indemnification would be prohibited pursuant to the terms of the Company's clawback policy.”

Knight-Swift Transportation Holdings Inc. amended Seventh Amendment to Amended and Restated Receivables Purchase Agreement with PNC Bank, National Association (effective 2023-10-23).

“On October 23, 2023, Swift Receivables Company II, LLC ("SRCII"), a wholly-owned subsidiary of Knight-Swift Transportation Holdings Inc. (the "Company"), entered into the Seventh Amendment to Amended and Restated Receivables Purchase Agreement (the "2023 Receivables Purchase Agreement"), which further amends its Amended and Restated Receivables Purchase Agreement, dated June 14, 2013.”

Knight-Swift Transportation Holdings Inc. reported the quarter ended September 30, 2023 results: revenue $2.0 billion, net income $60.2 million, EPS $0.37.

“$0.41 for the third quarter of 2023, compared to $1.27 for the third quarter of 2022. Key Financial Highlights During the third quarter of 2023, consolidated total revenue was $2.0 billion, which is a 6.5% increase from the third quarter of 2022. Consolidated operating income was $81.1 million, reflecting a decrease of 69.5%, as compared to the same quarter last”

Amy Boerger was appointed as Director at Knight-Swift Transportation Holdings Inc..

“appointed Amy Boerger as a member of the Board, effective as of August 1, 2023, to serve until the 2024 annual meeting of stockholders.”

Knight-Swift Transportation Holdings Inc. reported second quarter 2023 results: revenue $1.6 billion, net income $63.3 million.

“today reported second quarter 2023 net income attributable to Knight-Swift of $63.3 million and Adjusted Net Income Attributable to Knight-Swift 1 of $78.6 million. GAAP earnings per diluted share for the second quarter of 2023 were $0.39, compared to $1.35 for the second quarter of 2022. The Adjusted EPS was $0.49 for the second quarter of 2023, compared to $1.41 for the second quarter of 2022.”

Knight-Swift Transportation Holdings Inc. incurred term loan of $250 million with Bank of America, N.A. as Administrative Agent; PNC Bank National Association and Wells Fargo Bank, National Association as Lenders and Co-Syndication Agents at SOFR plus the 0.10% SOFR adjustment plus 1.375% maturing September 3, 2026.

“On June 22, 2023 (the "Closing Date"), Knight-Swift Transportation Holdings Inc. (the "Company") entered into a $250 million unsecured credit facility with the lenders thereto, Bank of America, N.A. as Administrative Agent and PNC Bank National Association and Wells Fargo Bank, National Association as Lenders and Co-Syndication Agents (the "2023 Term Loan Agreement").”

Knight-Swift Transportation Holdings Inc. entered into 2023 Term Loan Agreement with Bank of America, N.A. as Administrative Agent and PNC Bank National Association and Wells Fargo Bank, National Association as Lenders and Co-Syndication Agents valued at $250 million (effective 2023-06-22).

“On June 22, 2023 (the "Closing Date"), Knight-Swift Transportation Holdings Inc. (the "Company") entered into a $250 million unsecured credit facility with the lenders thereto, Bank of America, N.A. as Administrative Agent and PNC Bank National Association and Wells Fargo Bank, National Association as Lenders and Co-Syndication Agents (the "2023 Term Loan Agreement").”

Knight-Swift Transportation Holdings Inc. shareholders rejected Stockholder proposal for independent board chairperson. at the 2023-05-16 meeting.

“Proposal No. 5: The Company’s stockholders voted against a stockholder proposal for an independent board chairperson: For Against Abstain Broker Non-Votes 51,298,510 94,008,699 156,624 5,453,959”

Knight-Swift Transportation Holdings Inc. shareholders approved Ratification of Grant Thornton LLP as independent auditor. at the 2023-05-16 meeting.

“Proposal No. 4: The Company’s stockholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2023: For Against Abstain 149,261,468 1,554,747 101,577”

Knight-Swift Transportation Holdings Inc. shareholders approved Advisory vote on frequency of future say-on-pay votes. at the 2023-05-16 meeting.

“Proposal No. 3: In a non-binding, advisory vote, the Company’s stockholders voted as follows on the proposal to select the frequency of future non-binding, advisory votes on the compensation of the Company’s named executive officers: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 137,380,254 30,151 7,958,314 95,114 5,453,959”

Knight-Swift Transportation Holdings Inc. shareholders approved Advisory vote on executive compensation. at the 2023-05-16 meeting.

“Proposal No. 2: The Company's stockholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers: For Against Abstain Broker Non-Votes 136,844,735 8,397,419 221,679 5,453,959”

Knight-Swift Transportation Holdings Inc. shareholders approved Election of eleven directors. at the 2023-05-16 meeting.

“Proposal No. 1: The Company's stockholders elected eleven directors, each such director to serve a term of one year: For Against Abstain Broker Non-Votes Reid Dove 131,341,237 13,999,338 123,258 5,453,959 Michael Garnreiter 139,636,030 5,702,301 125,502 5,453,959 Louis Hobson 140,831,290 4,506,817 125,726 5,453,959 David Jackson 142,289,899 3,050,165 123,769 5,453,959 Gary Knight 140,229,889 5,002,385 231,559 5,453,959 Kevin Knight 138,285,388 6,681,656 496,789 5,453,959 Kathryn Munro 130,746,441 14,618,103 99,289 5,453,959 Jessica Powell 144,536,797 827,929 99,107 5,453,959 Roberta Roberts Shank 139,571,353 5,793,500 98,980 5,453,959 Robert Synowicki, Jr. 140,464,555 4,874,118 125,160 5,453,959 David Vander Ploeg 138,565,156 6,774,293 124,384 5,453,959”

Knight-Swift Transportation Holdings Inc. reported financial results for for the quarter ended March 31, 2023.

“On April 20, 2023 , Knight-Swift Transportation Holdings Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter ended March 31, 2023.”

Knight-Swift Transportation Holdings Inc. entered into Agreement and Plan of Merger with U.S. Xpress Enterprises, Inc. valued at $6.15 per share in cash (effective 2023-03-20).

“On March 20, 2023, Knight-Swift Transportation Holdings Inc., a Delaware corporation (“ KNX ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with U.S. Xpress Enterprises, Inc., a Nevada corporation (“ USX ”) and Liberty Merger Sub Inc., a Nevada corporation and an indirect wholly owned subsidiary of KNX (“ Merger Sub ”). The Merger Agreement provides, among other things, and subject to the terms and conditions set forth therein, that Merger Sub will be merged with and into USX, with USX surviving as an indirect wholly owned subsidiary of KNX (the “ Merger ”). KNX’s board of directors (the “ KNX Board ”) has unanimously approved the Merger Agreement and the transactions contemplated thereby, including the Merger . An independent and disinterested special committee of USX’s board of directors (the “ USX Special Committee ) has unanimously approved and declared it advisable to enter into the Merger Agreement and resolved to recommend that USX’s stockholders appr”

Jessica Powell was appointed as Director at Knight-Swift Transportation Holdings Inc..

“On February 3, 2023, the Board of Directors (the "Board") of Knight-Swift Transportation Holdings Inc. (the "Company"), appointed Jessica Powell as a director, effective immediately”

Knight-Swift Transportation Holdings Inc. reported the quarter ended December 31, 2022 results: revenue $1.7 billion, net income $148.7 million, EPS $0.92 per diluted share.

“for the fourth quarter of 2022, compared to $1.61 for the fourth quarter of 2021. Key Financial Highlights During the fourth quarter of 2022, consolidated total revenue was $1.7 billion, which is a 4.0% decrease over the fourth quarter of 2021. Consolidated operating income was $202.5 million, reflecting a decrease of 40.8%, as compared to the same quarter last”

Louis Hobson was appointed as director at Knight-Swift Transportation Holdings Inc..

“On November 3, 2021 , the Board of Directors ("the Board") of Knight-Swift Transportation Holdings Inc. ("the Company"), appointed Louis Hobson as a director, effective immediately,”