Form 4: Hub Group Director Mary H. Boosalis Reports Stock Transactions
SEC Form 4 Filing
Director Mary H. Boosalis of Hub Group, Inc. reported acquiring and disposing of company stock on January 3, 2025.
Summary
- Mary H. Boosalis, a director at Hub Group, Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On January 3, 2025, she disposed of 1,592 shares of Class A Common Stock at a price of $44.17 per share.
- On the same day, she acquired 4,528 shares of Class A Common Stock as part of a restricted stock award.
- The restricted stock award vests in one year.
- Following these transactions, Ms. Boosalis beneficially owns 50,750 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The document reflects standard insider trading activity, which is neither particularly positive nor negative. The stock award is a positive sign of alignment.
Positives
- The acquisition of 4,528 shares through a restricted stock award indicates continued alignment of the director's interests with the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company director, which is common practice in publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
- The transactions are typical for directors who receive stock-based compensation.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect a director's stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of stock disposal and acquisition by Mary H. Boosalis. |
| 01/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Hub Group, Director, Restricted Stock, Equity Securities
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