Form 4: Hub Group Executive Thomas P. LaFrance Reports Stock Disposal
SEC Form 4 Filing
Thomas P. LaFrance, Chief Legal and HR Officer of Hub Group, Inc., reported disposing of 367 shares of Class A Common Stock on July 16, 2024, to cover tax obligations related to stock awards.
Summary
- On July 16, 2024, Thomas P. LaFrance, Chief Legal and HR 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, LaFrance directly owns 29,631 shares of Hub Group's Class A Common Stock.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing represents a routine transaction related to tax obligations and does not indicate any significant change in the executive's confidence in the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders as it is a relatively small disposal by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of stock disposal transaction |
| 07/18/2024 | Date of signature on the Form 4 filing |
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