Form 4: J.B. Hunt COO Hobbs Reports Significant Stock Holdings
Insider Transaction Report
J.B. Hunt Transport Services Inc. EVP and COO Nicholas Hobbs filed a Form 4 detailing his beneficial ownership of common stock and restricted stock awards.
Summary
- Nicholas Hobbs, EVP and COO of J.B. Hunt Transport Services Inc. (JBHT), reported beneficial ownership of 90,318 shares of common stock directly.
- An additional 168 shares of common stock are beneficially owned indirectly through a spouse's trust.
- Hobbs also directly owns 24,579.0894 shares of common stock through a 401(k) plan.
- On January 22, 2026, Hobbs acquired a total of 59,879 shares of restricted stock across multiple grants, with various vesting and expiration dates extending up to April 15, 2029.
- The restricted stock awards were acquired at a price of $0.00, indicating they are likely compensation grants.
Sentiment
Score: 6
Explanation: The filing is largely neutral as a factual report of insider ownership and compensation. The acquisition of restricted stock is a positive indicator of executive alignment with shareholder interests, slightly elevating the sentiment from purely neutral.
Positives
- The acquisition of 59,879 shares of restricted stock demonstrates continued executive compensation and alignment of management interests with shareholders.
- Significant beneficial ownership of common stock (over 114,000 shares directly and indirectly, excluding restricted stock) indicates a substantial personal stake in the company's performance.
Future Outlook
This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects an individual executive's compensation and ownership within J.B. Hunt Transport Services Inc.
Comparison to Industry Standards
- NA This Form 4 filing reports individual executive stock transactions and does not contain information suitable for comparison to industry-wide financial or operational benchmarks, specific comparable companies, projects, or results.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Nicholas Hobbs granted a Power of Attorney to John Kuhlow, Juli Dorrough, Whitney Elliott, and Danielle Thomas to prepare, execute, and file Forms 3, 4, and 5 on his behalf with the SEC. | 07/23/2025 | This streamlines the process for executive compliance with Section 16(a) of the Securities Exchange Act of 1934, ensuring timely and accurate reporting of beneficial ownership changes. |
Related Party Transactions
- Nicholas Hobbs beneficially owns 168 shares of common stock indirectly through a Trust (Spouse), which constitutes a related party transaction disclosure.
Stakeholder Impact
- Shareholders: The acquisition of restricted stock aligns the executive's financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term shareholder value.
- Employees: The filing details executive compensation, which can be a factor in overall company compensation philosophy and employee morale, though this specific filing is limited to one executive.
Next Steps
- Vesting of the acquired restricted stock awards will occur on various dates, with the earliest vesting dates for some tranches in 2024 and 2025, and the latest vesting date on March 31, 2029.
Key Dates
| Date | Description |
|---|---|
| 01/31/2024 | Date Exercisable for 2,435 shares of Restricted Stock. |
| 01/31/2025 | Date Exercisable for 6,774 shares of Restricted Stock. |
| 07/23/2025 | Execution date of the Power of Attorney by Nicholas Hobbs. |
| 01/22/2026 | Date of earliest transaction, specifically the acquisition of all reported restricted stock awards. |
| 01/26/2026 | Signature date of the Form 4 filing by Whitney Elliott, Attorney-in-Fact. |
| 01/31/2026 | Date Exercisable for 3,735 and 7,182 shares of Restricted Stock. |
| 03/31/2026 | Date Exercisable for 3,246 shares of Restricted Stock. |
| 04/15/2026 | Expiration Date for 3,246 shares of Restricted Stock. |
| 01/31/2027 | Date Exercisable for 6,300 and 6,973 shares of Restricted Stock. |
| 03/02/2027 | Expiration Date for 2,435 shares of Restricted Stock. |
| 03/31/2027 | Date Exercisable for 3,011 shares of Restricted Stock. |
| 04/15/2027 | Expiration Date for 3,011 shares of Restricted Stock. |
| 01/31/2028 | Date Exercisable for 6,774 shares of Restricted Stock. |
| 02/28/2028 | Expiration Date for 3,735 shares of Restricted Stock. |
| 03/02/2028 | Expiration Date for 6,774 and 7,182 shares of Restricted Stock. |
| 03/31/2028 | Date Exercisable for 10,774 shares of Restricted Stock. |
| 04/15/2028 | Expiration Date for 10,774 shares of Restricted Stock. |
| 03/02/2029 | Expiration Date for 6,300 and 6,973 shares of Restricted Stock. |
| 03/31/2029 | Date Exercisable for 9,449 shares of Restricted Stock. |
| 04/15/2029 | Expiration Date for 9,449 shares of Restricted Stock. |
Keywords
J.B. Hunt, JBHT, Nicholas Hobbs, Form 4, Insider Transaction, Restricted Stock, Common Stock, Beneficial Ownership, Executive Compensation, Transportation, Logistics
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