Form 4: J.B. Hunt EVP and COO Nicholas Hobbs Reports Stock Purchases
SEC Form 4
Nicholas Hobbs, EVP and COO of J.B. Hunt Transport Services, reports purchasing shares of common stock in multiple transactions.
Summary
- Nicholas Hobbs, EVP and COO of J.B. Hunt Transport Services Inc., filed a Form 4 detailing changes in beneficial ownership.
- On April 23, 2025, Hobbs purchased 1,529 shares of common stock at a price of $130.7452 per share.
- On April 24, 2025, Hobbs purchased 1,509 shares of common stock at a price of $132.43 per share.
- Following these transactions, Hobbs directly owns 93,356 shares of common stock.
- Hobbs also indirectly owns 168 shares through a trust for his spouse and 24,313.6686 shares through a 401(k).
- The report also details Hobbs' ownership of various restricted stock awards with different vesting schedules and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchases by the COO could indicate confidence, but it's a routine Form 4 filing.
Positives
- The purchases by a high-ranking executive could be interpreted as a positive signal about the company's prospects.
Industry Context
Executive stock purchases are often monitored as indicators of management's confidence in the company's future performance. It is common for executives to have compensation packages that include stock and options.
Stakeholder Impact
- The stock purchases could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/31/2023 | Date exercisable for restricted stock |
| 03/02/2026 | Expiration date for restricted stock |
| 01/31/2024 | Date exercisable for restricted stock |
| 03/02/2027 | Expiration date for restricted stock |
| 01/31/2025 | Date exercisable for restricted stock |
| 03/02/2028 | Expiration date for restricted stock |
| 03/31/2026 | Date exercisable for restricted stock |
| 04/15/2026 | Expiration date for restricted stock |
| 03/31/2027 | Date exercisable for restricted stock |
| 04/15/2027 | Expiration date for restricted stock |
| 01/31/2026 | Date exercisable for restricted stock |
| 03/02/2028 | Expiration date for restricted stock |
| 03/31/2028 | Date exercisable for restricted stock |
| 04/15/2028 | Expiration date for restricted stock |
| 04/23/2025 | Date of common stock purchase |
| 04/24/2025 | Date of common stock purchase |
| 04/25/2025 | Date of signature |
Keywords
Form 4, beneficial ownership, stock purchase, Nicholas Hobbs, JBHT, J.B. Hunt, executive, COO
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