Form 4: ArcBest Corp Executive Michael R Johns Reports Stock Disposal
SEC Form 4
Chief Legal Officer Michael R Johns disposed of 158 shares of ArcBest Corp common stock to cover tax obligations.
Summary
- On May 7, 2025, Michael R Johns, Chief Legal Officer & Corporate Secretary of ArcBest Corp, disposed of 158 shares of common stock.
- The transaction was executed at a price of $58.93 per share.
- Following the transaction, Johns directly owns 22,129 shares of ArcBest Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a small disposal of shares by an executive, which is not uncommon for covering tax obligations related to stock-based compensation.
Stakeholder Impact
- The disposal of shares by an executive could have a minor impact on shareholder sentiment, but the small size of the transaction suggests it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of transaction: Disposal of 158 shares of common stock. |
| 05/09/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, ArcBest Corp, Stock Disposal, Michael R Johns, Insider Trading, Beneficial Ownership
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