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An update from Knight Transportation ( (KNX) ) is now available.
Knight-Swift Transportation Holdings Inc. has rolled out a new equity award plan for its executives, blending performance-based stock units (PRSUs) and restricted stock units (RSUs) under its incentive plan. The PRSUs are tied to several performance targets, potentially offering a payout range from 0% to 200% based on target achievement, while RSUs vest over a three-year period. This strategy aims to align top management’s incentives with the company’s long-term growth ambitions. Additionally, a quarterly cash dividend of $0.16 per share has been declared, payable in December 2024.
For an in-depth examination of KNX stock, go to TipRanks’ Stock Analysis page.
