4/A: J.B. Hunt EVP Frazier Amends Ownership Report
Insider Transaction Amendment
J.B. Hunt Transport Services Inc. EVP Spencer Frazier filed an amended Form 4 to correct previously reported beneficial ownership by his spouse and disclose recent restricted stock awards.
Summary
- Spencer Frazier, EVP of Sales and Marketing at J.B. Hunt Transport Services Inc. (JBHT), filed an amendment to his Form 4.
- The amendment corrects the number of shares beneficially owned indirectly by his spouse, updating it to 1,663.9352 shares from a previously rounded 1,664 shares.
- The filing also reports the acquisition of 632 shares of restricted stock on January 22, 2024, vesting on March 31, 2027, and expiring on April 15, 2027.
- Additionally, 1,897 shares of restricted stock were acquired on January 22, 2024, vesting on January 31, 2025, and expiring on March 2, 2028.
- Direct beneficial ownership of common stock is reported as 4,522 shares, and 12,228.78 shares are held directly in a 401(k) plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, primarily an administrative correction and disclosure of routine executive compensation, with no significant positive or negative implications for the company's operations or financial health.
Positives
- Reporting Person Spencer Frazier received 2,529 shares of restricted stock (632 + 1,897) as part of compensation.
Negatives
- An error in previous filings regarding the spouse's beneficial ownership required an amendment.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that this filing is a routine compliance update for an executive's beneficial ownership and restricted stock awards, which are standard components of executive compensation in the transportation and logistics industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Spencer Frazier granted power of attorney to John Kuhlow, Juli Dorrough, Whitney Elliott, and Danielle Thomas to prepare and file SEC Forms 3, 4, and 5 on his behalf. | 07/23/2025 | Streamlines compliance filings for the executive, ensuring timely and accurate reporting of beneficial ownership changes. |
Stakeholder Impact
- Shareholders: Minor impact, provides transparency on executive ownership and compensation.
- Reporting Person: Direct impact on personal beneficial ownership records and compensation.
Key Dates
| Date | Description |
|---|---|
| 01/22/2024 | Date of earliest transaction reported, including acquisition of restricted stock. |
| 01/24/2024 | Date original Form 4 was filed. |
| 01/31/2025 | Vesting date for 1,897 shares of restricted stock. |
| 07/23/2025 | Date Power of Attorney was executed by Spencer Frazier. |
| 03/13/2026 | Date the Form 4/A amendment was filed. |
| 03/31/2027 | Vesting date for 632 shares of restricted stock. |
| 04/15/2027 | Expiration date for 632 shares of restricted stock. |
| 03/02/2028 | Expiration date for 1,897 shares of restricted stock. |
Keywords
J.B. Hunt Transport Services, JBHT, Spencer Frazier, Form 4/A, SEC filing, insider trading, beneficial ownership, restricted stock, executive compensation, EVP Sales and Marketing
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