Form 4: ArcBest Corp Executive Jason T. Parks Reports Stock Disposals
SEC Form 4 Filing
Jason T. Parks, VP-Controller of ArcBest Corp, reports disposing of shares to cover tax obligations.
Summary
- On May 11, 2024, Jason T. Parks, VP-Controller of ArcBest Corp, disposed of 32 shares of common stock at a price of $117.4.
- On May 12, 2024, Parks disposed of 141 shares of common stock at a price of $117.4.
- Following these transactions, Parks directly owns 2,864 shares of ArcBest Corp.
- The transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports stock disposals by an executive, which is a routine event.
Industry Context
Executive stock transactions are a normal part of corporate governance and are publicly disclosed to ensure transparency.
Stakeholder Impact
- The stock disposal has a minimal impact on shareholders as the number of shares disposed of is relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/11/2024 | Jason T. Parks disposed of 32 shares of ArcBest Corp common stock. |
| 05/12/2024 | Jason T. Parks disposed of 141 shares of ArcBest Corp common stock. |
| 05/14/2024 | Date of signature on the Form 4 filing. |
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