If you have a heat gun you can easily make your sheath fit better/tighter.
Remember to heat only the portions you feel you need to inorder to make it fit more snug.
And don't overheat the kydex past 390F becuase it'll start to smoke. The smoke is HCL which remains on the kydex, and together with moisture from the air will corrode your knife to no end.
Take a piece of hard wood, and some foam maybe about half an inch thick. Glue the foam to the wood(or any hard and FLAT material).
Then heat(with the heat gun) where you need to, and immediately press firmly down on the knife using the foam/wood.
Heat on both sides slowly until it's just limp and flexible.
If you don't get it right the first time try it again, just don't over heat, once you see the bad smoke you need to throw away the sheath. And don't breath it in.
If you don't have a heat gun, you could possibly do it with a hairdryer, but the results won't be as good.
For best results you need to heat the kydex at exactly 370F.(some knifemakers and manufacturers haven't quite figured this out yet)
Good luck.