Form 4: J.B. Hunt EVP/CIO Stuart Lockard Reports Stock Transactions

Stuart Lockard, EVP/CIO of J.B. Hunt, reports the vesting of restricted stock units and subsequent stock transactions.

Summary

• On March 31, 2025, Stuart Lockard, EVP/CIO of J.B. Hunt Transport Services, Inc., reported transactions involving the company's common stock.
• Lockard acquired 1,684 shares of common stock upon the vesting of performance-based restricted stock units (RSUs) at a price of $0.00.
• These RSUs were originally granted in January 2022.
• 561 RSUs were forfeited because the actual performance achieved was below the target performance level.
• Lockard also disposed of 781 shares to cover tax obligations at a price of $147.95 per share.
• Following these transactions, Lockard directly owns 43,779.43 shares of J.B. Hunt common stock.
• Lockard also holds various restricted stock units that will vest at future dates.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The vesting of RSUs is a standard part of executive compensation. The forfeiture of some RSUs indicates that performance was below target, but not significantly so.

Positives

• The vesting of RSUs indicates that certain performance goals were met, albeit below the target level.

Negatives

• 561 RSUs were forfeited, indicating that the company's performance did not fully meet the initial targets set in January 2022.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often tied to performance-based compensation plans. These transactions provide insights into executive sentiment and alignment with company goals.

Key Dates

Keywords

Form 4, Stock Options, Restricted Stock Units, Beneficial Ownership, Stuart Lockard, J.B. Hunt, JBHT, Executive Compensation