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Get filing alertsKnight-Swift adds ex-Daimler Truck Financial CEO Richard Howard to board, declares $0.20 dividend
Filed November 6, 2026 · Period ending November 4, 2026 · ~1 min read
Key Changes
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Board expanded by one seat and appointed Richard Howard, effective immediately, to serve until the 2027 annual meeting.
Item 5.02 verify on EDGAR → -
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Howard, 61, was President and CEO of Daimler Truck Financial Services USA from Dec 2021 to Aug 2024.
Item 5.02 verify on EDGAR → -
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Howard deemed independent under NYSE rules and joins the Finance and Nominating/Corporate Governance committees.
Item 5.02 verify on EDGAR → -
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Board declared a quarterly cash dividend of $0.20 per share, payable Dec 21 to holders of record Dec 7.
Item 8.01 verify on EDGAR → -
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Howard received 357 restricted shares and is eligible for standard director cash compensation.
Item 5.02 verify on EDGAR →
Summary
Knight-Swift Transportation Holdings expanded its board by one seat and appointed Richard Howard, former CEO of Daimler Truck Financial Services USA, effective immediately. Howard will serve until the 2027 annual meeting and has been deemed independent under NYSE standards.
He joins the Finance and Nominating/Corporate Governance committees, bringing commercial-vehicle financial services experience to the trucking and logistics company. Separately, the board declared a quarterly cash dividend of $0.20 per share, payable December 21, 2026 to stockholders of record December 7, 2026.
The dividend is made under a board-approved cash dividend policy, but future declarations remain subject to quarterly board review of financial performance. For retail holders, the appointment adds financial-services expertise to the board, and the dividend provides a modest cash return. No red flags are indicated in the filing.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Knight-Swift adds Richard Howard, ex-Daimler Truck Financial Services CEO, to its board effective immediately.
Added in current filing · verify on EDGAR →
In connection with his appointment, the Board determined that Mr. Howard will be an "independent director” under the applicable New York Stock Exchange listing standards. Mr. Howard was appointed to the Finance Committee and to the Nominating and Corporate Governance Committee of the Board.
Howard qualifies as an independent director under NYSE rules and joins two board committees: Finance and Nominating/Corporate Governance. This gives him a role in financial oversight and board composition decisions.
Added in current filing · verify on EDGAR →
Mr. Howard, 61, served as President and Chief Executive Officer of Daimler Truck Financial Services USA, a financial services provider for commercial vehicles, for Daimler Truck North America, from December 2021 through August 2024.
Howard brings commercial-vehicle financial services leadership experience from Daimler Truck North America, relevant to Knight-Swift's trucking and logistics operations. He also has board experience at Netsol Technologies and Green Corridors.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Mr. Howard also entered into an indemnification agreement with the Company in the form previously approved by the Board, as described below.
Howard signed the company's standard director indemnification agreement, which provides protection against certain liabilities arising from his board service. This is routine for new directors.
Event · Exhibit 99
Added in current filing · view on EDGAR →
The Company’s dividend is payable to stockholders of record on December 7, 2026, and is expected to be paid on December 21, 2026.
The filing specifies the record date and expected payment date for the declared dividend. This provides shareholders with the timeline for receiving the distribution.
Added in current filing · view on EDGAR →
The Company's quarterly dividends are pursuant to a cash dividend policy approved by the Board. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Board each quarter after its review of the Company’s financial performance.
The dividend is made under a board-approved cash dividend policy, but future declarations are not guaranteed and depend on quarterly board review of financial performance. This clarifies that the dividend is not a fixed commitment.
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Figures/quotes linked to EDGAR · Narrative written by AI · Nov 9, 2026 · How we verify