Form 4: ArcBest Executive Erin K. Gattis Reports Stock Transactions
SEC Form 4 Filing
Chief Human Resources Officer of ArcBest, Erin K. Gattis, reports stock transactions including disposal of shares to cover tax obligations and acquisition of shares.
Summary
- Erin K. Gattis, Chief Human Resources Officer of ArcBest Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 5, 2025, Gattis disposed of 245 shares of common stock at $60.96 per share to cover tax obligations.
- On May 6, 2025, Gattis disposed of 264 shares of common stock at $58.54 per share to cover tax obligations.
- On May 6, 2025, Gattis acquired 3,250 shares of common stock at $0 per share.
- Following these transactions, Gattis directly owns 29,688 shares of ArcBest common stock.
- Gattis also indirectly owns 121.14 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing primarily reports routine stock transactions by an executive. The disposal of shares to cover tax obligations is a common occurrence.
Positives
- Gattis acquired 3,250 shares on May 6, 2025.
Negatives
- Gattis disposed of shares to cover tax obligations.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with the most knowledge of the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Disposal of 245 shares of common stock at $60.96 per share. |
| 05/06/2025 | Disposal of 264 shares of common stock at $58.54 per share. |
| 05/06/2025 | Acquisition of 3,250 shares of common stock at $0 per share. |
| 05/06/2025 | Date of company stock shares calculation by fund management company. |
| 05/07/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, ArcBest, Gattis, Executive Compensation
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