Executive Chairman Kevin Knight Files Intent to Sell $23.5M in Shares
KNX has more than doubled off its 52-week low of $38.625 on elevated volume (2.0× avg).
Summary
Former Executive Chairman Kevin P. Knight has filed a Form 144 to sell $23.5 million in company stock, a significant insider transaction following his recent retirement from an executive role.
Key Events · Ownership and Investor Activity · KNX
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Intent to Sell Shares
Kevin P. Knight, former Executive Chairman and founder, intends to sell 300,000 shares of common stock.
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Significant Transaction Value
The proposed sale has an approximate market value of $23.5 million.
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Post-Retirement Liquidity Event
This filing follows Knight's retirement as Executive Chairman on June 4, 2026, and his transition to a two-year consulting role. The sale is by his revocable living trust.
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Trading Near 52-Week Highs
The proposed sale occurs while the company's stock is trading near its 52-week high of $80.96, potentially allowing the insider to lock in gains.
Analysis · KNX · Energy & Transportation
Kevin P. Knight, the recently retired Executive Chairman and founder, has filed a Form 144 indicating his intent to sell approximately $23.5 million worth of common stock. This significant insider sale, occurring shortly after his transition from an executive role to a consulting position, represents a notable liquidity event for a key figure in the company's history. The shares are being sold by his revocable living trust.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1498 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KNX was trading at $80.71 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $13.1B. The 52-week trading range was $38.63 to $80.96. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.