Form 4: J.B. Hunt Executive Acquires Restricted Stock
SEC Form 4
J.B. Hunt's Executive Vice President and Chief Information Officer, Stuart Lockard, has acquired restricted stock as part of his compensation.
Summary
- Stuart Lockard, Executive Vice President and Chief Information Officer at J.B. Hunt, has reported acquiring restricted stock.
- The transactions include the acquisition of 7,399 shares of restricted stock on January 23, 2025, which vest on March 31, 2028, and expire on April 15, 2028.
- Additionally, 4,933 shares of restricted stock were acquired on the same date, vesting on January 31, 2026, and expiring on March 2, 2028.
- The reporting person also holds various other restricted stock grants with different vesting and expiration dates.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns management with shareholder interests. There are no negative implications.
Positives
- The acquisition of restricted stock aligns the executive's interests with the long-term performance of the company.
- The vesting schedule encourages long-term commitment from the executive.
Industry Context
This is a standard practice for executive compensation in publicly traded companies, aligning management's interests with shareholders.
Comparison to Industry Standards
- Many publicly traded companies, such as FedEx, UPS, and XPO Logistics, use restricted stock as part of their executive compensation packages.
- The vesting schedules and expiration dates are typical for such grants, designed to incentivize long-term performance and retention.
Stakeholder Impact
- The acquisition of restricted stock by an executive is generally viewed positively by shareholders as it aligns management's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 07/15/2016 | Date of a previous restricted stock grant. |
| 01/31/2022 | Date of a previous restricted stock grant. |
| 01/31/2023 | Date of a previous restricted stock grant. |
| 01/31/2024 | Date of a previous restricted stock grant. |
| 01/23/2025 | Date of the reported restricted stock acquisitions. |
| 01/31/2025 | Date of a previous restricted stock grant. |
| 03/31/2025 | Date of a previous restricted stock grant. |
| 03/31/2026 | Date of a previous restricted stock grant. |
| 03/31/2027 | Date of a previous restricted stock grant. |
| 01/31/2026 | Vesting date for some of the newly acquired restricted stock. |
| 03/02/2028 | Expiration date for some of the newly acquired restricted stock. |
| 03/31/2028 | Vesting date for some of the newly acquired restricted stock. |
| 04/15/2028 | Expiration date for some of the newly acquired restricted stock. |
Keywords
restricted stock, insider trading, executive compensation, stock ownership, J.B. Hunt, JBHT, Stuart Lockard
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