Form 4: Hub Group CFO Kevin Beth Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Kevin Beth, CFO of Hub Group, disposed of 367 shares of Class A Common Stock on July 16, 2024, to cover tax obligations.
Summary
- On July 16, 2024, Kevin Beth, the Chief Financial Officer of Hub Group, Inc., disposed of 367 shares of Class A Common Stock.
- The transaction was executed at a price of $46.86 per share.
- Following the transaction, Kevin Beth directly owns 56,034 shares of Hub Group, Inc.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This transaction appears to be a standard sale to cover tax obligations, which is a common practice among executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small disposal of shares by the CFO.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of transaction: Kevin Beth disposed of 367 shares of Class A Common Stock. |
| 07/18/2024 | Date of signature on the Form 4 filing. |
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