Form 4: ArcBest Corp Executive Jason T. Parks Reports Stock Transactions
SEC Form 4
Jason T. Parks, VP Controller of ArcBest Corp, reports acquisition and disposal of company stock.
Summary
- On May 6, 2024, Jason T. Parks disposed of 13 shares of ArcBest Corp common stock at a price of $117.99.
- On May 7, 2024, Jason T. Parks acquired 775 shares of ArcBest Corp common stock at a price of $0.
- Following these transactions, Parks directly owns 3,037 shares of ArcBest Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports stock transactions by an officer. There's no indication of positive or negative sentiment towards the company's prospects.
Positives
- Jason T. Parks acquired 775 shares of ArcBest Corp common stock.
Negatives
- Jason T. Parks disposed of 13 shares of ArcBest Corp common stock.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.
Stakeholder Impact
- The reported transactions may influence investor sentiment regarding ArcBest Corp.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Disposal of 13 shares of common stock |
| 05/07/2024 | Acquisition of 775 shares of common stock |
| 05/08/2024 | Date of signature |
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