Form 4: ArcBest Corp VP Controller, Jason T Parks, Reports Stock Disposal
SEC Filing Form 4
Jason T Parks, VP Controller of ArcBest Corp, reports disposing of 125 shares of common stock on May 5, 2024, to cover tax obligations.
Summary
- On May 5, 2024, Jason T Parks, VP Controller of ArcBest Corp, disposed of 125 shares of common stock.
- The transaction was executed at a price of $114.85 per share.
- Following the transaction, Parks directly owns 2,275 shares of ArcBest Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports a routine transaction by a company insider.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it involves a small number of shares and is a common practice for executives.
Key Dates
| Date | Description |
|---|---|
| 05/05/2024 | Date of transaction: disposal of 125 shares of common stock. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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