Form 4: ArcBest Corp Chairman & CEO Judy McReynolds Reports Gift of Shares to Trust
SEC Form 4
Judy McReynolds, Chairman & CEO of ArcBest Corp, reports gifting 16,975 shares of common stock to a trust on August 14, 2024.
Summary
- On August 14, 2024, Judy R McReynolds, Chairman & CEO of ArcBest Corp, reported a transaction involving the company's common stock.
- Ms. McReynolds gifted 16,975 shares of ArcBest Corp common stock to the McReynolds 2005 Joint Trust.
- Following the transaction, Ms. McReynolds directly owns 23,251 shares and indirectly owns 63,075.14 shares through the trust.
Sentiment
Score: 5
Explanation: This is a neutral transaction (gift to a trust) and doesn't necessarily indicate positive or negative sentiment towards the company's future performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a transfer of shares from Ms. McReynolds to a trust, which is a common estate planning strategy.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of transaction: Judy McReynolds gifted shares to a trust |
| 08/15/2024 | Date of report signature |
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