Form 4: J.B. Hunt Director Ottensmeyer Acquires Shares as Part of Annual Retainer
SEC Form 4 Filing
Director Patrick J. Ottensmeyer acquired 315 shares of J.B. Hunt Transport Services Inc. as part of his annual retainer.
Summary
- On March 6, 2024, Patrick J. Ottensmeyer, a director of J.B. Hunt Transport Services Inc., acquired 315 shares of common stock.
- The acquisition was part of his annual retainer for outside directors.
- The price per share was $211.7.
- Following the transaction, Ottensmeyer directly owns 5,315 shares of J.B. Hunt common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Director share acquisitions are common and often part of compensation packages, aligning director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 2024/03/04 | Date of Power of Attorney execution. |
| 2024/03/06 | Date of transaction: Patrick J. Ottensmeyer acquired 315 shares of J.B. Hunt common stock. |
| 2024/03/07 | Date of signature for the Form 4 filing. |
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