Form 4: J.B. Hunt Executive Darren P. Field Reports Stock Transactions
SEC Form 4 Filing
Darren P. Field, EVP and President Intermodal at J.B. Hunt, reports the vesting and conversion of restricted stock units into common stock, along with a related tax withholding transaction.
Summary
- Darren P. Field, an executive at J.B. Hunt Transport Services, reported transactions involving the company's stock on March 31, 2025.
- These transactions included the vesting of 2,104 performance-based restricted stock units (RSUs) and their conversion into common stock.
- The vesting was based on actual performance achieved below the target performance level, resulting in 702 RSUs being forfeited.
- A portion of the shares was also used to cover tax obligations, with 450 shares withheld at a price of $147.95.
- Following these transactions, Field directly owns 19,476.356 shares of common stock, in addition to 6,709.8087 shares held in a 401(k).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions are part of normal executive compensation. Therefore, the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/02/2017 | Date of Power of Attorney execution. |
| 01/31/2021 | Date related to restricted stock. |
| 01/31/2023 | Date related to restricted stock. |
| 01/31/2024 | Date related to restricted stock. |
| 01/31/2025 | Date related to restricted stock. |
| 03/31/2025 | Date of stock transactions: RSU vesting and tax withholding. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
| 04/15/2025 | Date related to restricted stock. |
| 03/02/2026 | Date related to restricted stock. |
| 02/28/2026 | Date related to restricted stock. |
| 03/31/2026 | Date related to restricted stock. |
| 03/02/2027 | Date related to restricted stock. |
| 04/15/2027 | Date related to restricted stock. |
| 03/02/2028 | Date related to restricted stock. |
| 04/15/2028 | Date related to restricted stock. |
| 03/02/2030 | Date related to restricted stock. |
Keywords
Form 4, Section 16, Insider Trading, Darren P. Field, J.B. Hunt, JBHT, Stock Options, Restricted Stock Units, RSUs, Beneficial Ownership
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