Form 4: ArcBest Corp Executive Seth Runser Reports Stock Disposals
SEC Form 4 Filing
Seth Runser, President of ABF Freight, reports disposing of ArcBest Corp shares to cover tax obligations.
Summary
- On May 11, 2024, Seth Runser disposed of 1,619 shares of ArcBest Corp common stock at a price of $117.4 per share.
- On May 12, 2024, Runser disposed of an additional 3,675 shares at the same price of $117.4 per share.
- Following these transactions, Runser directly owns 14,426 shares of ArcBest Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
Executive stock transactions are a normal part of corporate governance and compensation. Monitoring these transactions can provide insights into an executive's perspective on the company's value.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/11/2024 | Seth Runser disposed of 1,619 shares of ArcBest Corp common stock. |
| 05/12/2024 | Seth Runser disposed of 3,675 shares of ArcBest Corp common stock. |
| 05/14/2024 | Date of signature for the Form 4 filing. |
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