Form 4: Hub Group CFO Kevin Beth Reports Routine Stock Transaction for Tax Withholding

Hub Group, Inc.'s Chief Financial Officer, Kevin Beth, reported the disposal of 360 shares of Class A Common Stock at $34.22 per share on July 16, 2024, related to tax withholding.

Summary

• Kevin Beth, Chief Financial Officer of Hub Group, Inc. (HUBG), reported a transaction involving Class A Common Stock.
• On July 16, 2024, Mr. Beth disposed of 360 shares of Class A Common Stock.
• The shares were disposed of at a price of $34.22 per share.
• This transaction was coded 'F', indicating a payment of tax liability by withholding securities.
• Following this reported transaction, Kevin Beth beneficially owns 66,990 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposal of shares by an insider, which is a common occurrence and does not indicate a change in company fundamentals or insider sentiment.

Future Outlook

This document, an SEC Form 4, details an insider stock transaction and does not provide information regarding future outlook or guidance.

Industry Context

This SEC Form 4 filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends.

Stakeholder Impact

• The impact on shareholders is minimal as this is a small, routine, non-discretionary transaction by an executive to cover tax liabilities.

Key Dates

Keywords

Hub Group, HUBG, SEC Form 4, Insider Transaction, Stock Disposal, Kevin Beth, CFO, Class A Common Stock, Tax Withholding