Form 4: ArcBest Corp Executive Gattis Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Erin K. Gattis, Chief Human Resources Officer of ArcBest Corp, disposed of 144 shares of common stock on May 7, 2025, to cover tax obligations.
Summary
- On May 7, 2025, Erin K. Gattis, the Chief Human Resources Officer of ArcBest Corp, disposed of 144 shares of common stock.
- The transaction was executed at a price of $58.93 per share.
- This disposal was to cover tax obligations related to stock awards.
- Following the transaction, Gattis directly owns 29,544 shares and indirectly owns 121.23 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing for an insider stock transaction, which is neutral in sentiment. The sale is for tax obligations, which is a common practice.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. Sales to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of the stock transaction. |
| 05/09/2025 | Date of signature on the Form 4 filing. |
Keywords
ArcBest Corp, Erin K. Gattis, stock sale, Form 4, insider trading, tax obligations, common stock
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