Form 4: J.B. Hunt Executive Darren P. Field Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President and President of Intermodal at J.B. Hunt, Darren P. Field, reports acquisition of restricted stock and adjustments to holdings in a recent SEC filing.
Summary
- Darren P. Field, an Executive Vice President and President of Intermodal at J.B. Hunt Transport Services Inc., filed a Form 4 with the SEC.
- The filing details the acquisition of 9,893 and 6,595 shares of restricted stock on January 23, 2025.
- These restricted stock grants have vesting dates in 2026 and 2028.
- The filing also includes adjustments to the number of shares held in Mr. Field's 401(k) account.
- The total direct holdings of common stock are 12,650.356 shares, and 6,709.8087 shares are held in a 401(k).
Sentiment
Score: 7
Explanation: The document is a routine filing and does not indicate any significant positive or negative sentiment. The stock grants are a positive sign of alignment with company goals.
Positives
- The acquisition of restricted stock suggests a long-term commitment by the executive to the company's success.
- The vesting schedule of the restricted stock aligns with long-term performance goals.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and compensation structure.
Comparison to Industry Standards
- Stock-based compensation is a common practice among publicly traded companies to align executive interests with shareholder value.
- The vesting schedules of the restricted stock are typical for executive compensation packages.
- The reporting of these transactions is in line with SEC regulations for insider trading.
Stakeholder Impact
- The stock transactions may have a minor positive impact on shareholder confidence due to the executive's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/02/2017 | Date of Power of Attorney execution. |
| 01/31/2021 | Date of restricted stock grant with vesting on 03/02/2030. |
| 01/31/2022 | Date of restricted stock grant with vesting on 03/02/2025. |
| 01/31/2023 | Date of restricted stock grant with vesting on 03/02/2026. |
| 01/31/2024 | Date of restricted stock grant with vesting on 02/28/2026 and 03/02/2027. |
| 01/23/2025 | Date of restricted stock grants with vesting on 01/31/2026 and 03/31/2028. |
| 01/27/2025 | Date of SEC filing. |
| 03/31/2025 | Vesting date of restricted stock grant. |
| 03/31/2026 | Vesting date of restricted stock grant. |
| 03/31/2027 | Vesting date of restricted stock grant. |
| 03/31/2028 | Vesting date of restricted stock grant. |
Keywords
Form 4, SEC Filing, Insider Trading, Restricted Stock, Stock Ownership, J.B. Hunt, Darren P. Field, Executive Compensation, Intermodal
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