Form 4: ArcBest Corp Executive Michael R. Johns Reports Stock Transactions

Chief Legal Officer Michael R. Johns reports acquisition and disposal of ArcBest Corp stock, including shares withheld for tax obligations.

Summary

• Michael R. Johns, Chief Legal Officer & Corporate Secretary of ArcBest Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 5, 2025, Johns disposed of 264 shares of common stock at $60.96 per share to cover tax obligations.
• On May 6, 2025, Johns disposed of 274 shares of common stock at $58.54 per share to cover tax obligations.
• Also on May 6, 2025, Johns acquired 3,700 shares of common stock at $0 per share.
• Following these transactions, Johns directly owns 22,287 shares of ArcBest Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by an executive, with no clear positive or negative implications for the company's overall outlook.

Positives

• Michael R. Johns acquired 3,700 shares of common stock at $0 per share on May 6, 2025.
• The reporting person's direct ownership increased to 22,287 shares after the reported transactions.

Negatives

• 264 shares were disposed of on May 5, 2025, at $60.96 per share for tax obligations.
• 274 shares were disposed of on May 6, 2025, at $58.54 per share for tax obligations.

Industry Context

Executive stock transactions are a normal part of corporate governance and can reflect executives' confidence in the company or be related to compensation and tax planning.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, ArcBest Corp, Executive Compensation, Michael R. Johns, ARCB