Form 4: Arcosa CEO Carrillo Reports Planned Stock Transactions

Arcosa's President and CEO, Antonio Carrillo, reported pre-planned acquisition and disposition of common stock under a Rule 10b5-1 plan.

Summary

• Antonio Carrillo, President & CEO and Director of Arcosa, Inc. (ACA), reported changes in his beneficial ownership of common stock.
• On March 15, 2026, Carrillo acquired 72,142 shares of Arcosa Common Stock at a price of $0.00 per share, likely representing a grant or award.
• Concurrently, on March 15, 2026, Carrillo disposed of 37,157 shares of Common Stock at a price of $105.68 per share.
• The disposition was marked with transaction code 'F', indicating shares withheld by the issuer to cover tax obligations related to the equity award.
• Following these transactions, Carrillo beneficially owns 525,601 shares of Arcosa Common Stock.
• These transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating they were pre-scheduled.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While there's a disposition of shares, it's for tax purposes related to an equity award, indicating ongoing executive compensation and alignment, rather than a discretionary sale.

Positives

• The acquisition of 72,142 shares, likely as an equity award, demonstrates continued compensation and alignment of management interests with shareholders.
• The transactions were pre-planned under a Rule 10b5-1 plan, which helps mitigate concerns about opportunistic insider trading.

Negatives

• The disposition of 37,157 shares, while for tax purposes, reduces the direct beneficial ownership of the CEO.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the scheduled transaction date.

Industry Context

StockSavvy.ai notes that routine insider transactions, particularly those related to compensation and executed under Rule 10b5-1 plans, are common across industries and typically do not signal a significant shift in company strategy or performance.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans for executive compensation and tax-related share dispositions is a standard practice among publicly traded companies, aligning with corporate governance best practices to manage insider trading risks.
• The scale of the equity award and subsequent tax withholding is consistent with compensation structures for CEOs of companies of similar market capitalization within the industrial sector.

Stakeholder Impact

• Shareholders: The transactions reflect routine executive compensation and tax management, which is a standard part of corporate operations and generally has a neutral impact on shareholder value. The increase in beneficial ownership through awards aligns executive interests with shareholders.

Key Dates

Recommendation

This Form 4 filing details routine, pre-planned insider transactions related to executive compensation and tax obligations. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transactions are expected and do not signal a significant positive or negative shift for Arcosa, Inc.

Keywords

Arcosa, ACA, Antonio Carrillo, Insider Trading, Form 4, Stock Transaction, CEO, Equity Award, 10b5-1 Plan