Form 4: ArcBest Corp Executive Newcity Reports Stock Transactions

Michael E. Newcity, SVP Chief Innovation Officer of ArcBest Corp, reports the acquisition and disposal of company stock.

Summary

• On May 6, 2024, Michael E. Newcity disposed of 496 shares of ArcBest Corp common stock at a price of $117.99 per share.
• Following this transaction, Newcity directly owned 20,819 shares.
• On May 7, 2024, Newcity acquired 1,850 shares of ArcBest Corp common stock at $0 per share.
• Following this transaction, Newcity directly owned 22,669 shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports stock transactions by an executive, with no explicit positive or negative implications.

Positives

• The acquisition of 1,850 shares by a company executive could be seen as a positive signal.

Negatives

• The disposal of 496 shares by a company executive could be seen as a negative signal.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may influence investor perception of the company's stock.

Key Dates