Form 4: ArcBest VP Jason Parks Reports Stock Disposition

Sentiment:

Statement of Changes in Beneficial Ownership


ArcBest Corporation Vice President and Controller Jason T. Parks reported the disposition of 222 shares of common stock to cover tax obligations.

Summary

  • Jason T. Parks, VP Controller and Chief Accounting Officer of ArcBest Corp, executed two transactions involving the disposition of common stock.
  • On May 6, 2026, 149 shares were disposed of at a price of $121.82 per share.
  • On May 7, 2026, 73 shares were disposed of at a price of $121.78 per share.
  • The total number of shares disposed of was 222, resulting in a remaining beneficial ownership of 4,649 shares.
  • The transactions were categorized under code 'F', indicating the payment of exercise price or tax liability by delivering or withholding securities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax obligations rather than a discretionary sale of shares.

Positives

  • The reporting person maintains a significant remaining stake of 4,649 shares in the company.

Negatives

  • The filing reflects a reduction in the direct share ownership of a key executive.

Risks

  • None identified; this is a routine administrative transaction related to tax withholding.

Future Outlook

Not applicable; this is a historical record of an insider transaction.

Industry Context

StockSavvy.ai notes that routine tax-related stock dispositions by executives are standard corporate practice and generally do not signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

  • The transaction follows standard SEC reporting requirements for executive equity compensation tax withholding.

Stakeholder Impact

  • Minimal impact on shareholders as the transaction is a standard tax-related withholding event.

Key Dates

DateDescription
05/06/2026Date of first reported stock disposition transaction.
05/07/2026Date of second reported stock disposition transaction.
05/08/2026Date of filing signature.

Keywords

ArcBest, ARCB, Insider Trading, Form 4, Stock Disposition, Corporate Governance

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