Form 4: ArcBest Corp Executive Dennis L. Anderson II Reports Stock Disposal
SEC Form 4 Filing
Chief Innovation Officer Dennis L. Anderson II disposed of 144 shares of ArcBest Corp common stock to cover tax obligations.
Summary
- On May 7, 2025, Dennis L. Anderson II, Chief Innovation Officer of ArcBest Corp, disposed of 144 shares of common stock.
- The transaction was executed at a price of $58.93 per share.
- Following the transaction, Anderson directly owns 21,688 shares of ArcBest Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction (tax obligation) and doesn't necessarily indicate a negative outlook on the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a disposal of shares by an executive, which is a common occurrence for tax purposes or portfolio diversification.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of stock disposal transaction |
| 05/09/2025 | Date of signature on the Form 4 filing |
Keywords
ArcBest Corp, Form 4, Stock Disposal, Insider Trading, Dennis L. Anderson II, ARCB
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