Form 4: ArcBest Director Kathleen McElligott Reports Stock Transaction
SEC Form 4 Filing
Director Kathleen McElligott reports acquiring 1,250 shares of ArcBest Corp common stock and disposing of 20,150 shares on May 7, 2024.
Summary
- On May 7, 2024, Kathleen D. McElligott, a director of ArcBest Corp, reported a transaction involving the company's common stock.
- McElligott acquired 1,250 shares of common stock at $0.00 per share.
- Simultaneously, McElligott disposed of 20,150 shares of common stock.
- Following these transactions, McElligott beneficially owns 20,150 shares of ArcBest Corp.
- The transaction was filed on May 9, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with company performance.
Stakeholder Impact
- Shareholders may be interested in insider transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of stock transaction (acquisition and disposition). |
| 05/09/2024 | Date of Form 4 filing. |
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