Form 4: ArcBest Corp Executive Erin K. Gattis Sells Shares
SEC Form 4 Filing
Erin K. Gattis, Chief Human Resources Officer of ArcBest Corp, recently sold shares of the company's common stock, according to a Form 4 filing with the SEC.
Summary
- On March 1, 2024, Erin K. Gattis, Chief Human Resources Officer of ArcBest Corp, sold 1,276 shares of common stock at a weighted average price of $141.81.
- Additionally, Gattis sold 724 shares at a weighted average price of $141.18 on the same day.
- Gattis also gifted 1,000 shares.
- Following these transactions, Gattis directly owns 31,247 shares and indirectly owns 117.29 shares through a 401(k).
- The sales were executed under Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It is important to consider the context of these sales, such as the executive's overall holdings and any pre-planned trading programs.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their interpretation of the executive's actions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock sales and gift. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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