Form 4: J.B. Hunt Executive Eric McGee Reports Sale of Common Stock
SEC Form 4
Eric McGee, EVP of Highway Services at J.B. Hunt, reported the sale of 100 shares of common stock at a price of $194.8238 on November 6, 2024.
Summary
- On November 6, 2024, Eric McGee, EVP of Highway Services at J.B. Hunt Transport Services Inc., filed a Form 4.
- The form reports the sale of 100 shares of common stock at a price of $194.8238.
- Following the transaction, McGee directly owns 845 shares of common stock.
- McGee also indirectly owns 6,420.12 shares of common stock through a 401(k).
- The filing also details holdings of restricted stock with various expiration dates and underlying common stock amounts.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider stock sale. The sentiment is neutral as it doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock; they provide transparency into the transactions of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| May 2, 2017 | Date of execution of the Power of Attorney. |
| January 31, 2022 | Date exercisable for some restricted stock. |
| January 31, 2023 | Date exercisable for some restricted stock. |
| January 31, 2024 | Date exercisable for some restricted stock. |
| November 6, 2024 | Date of the reported stock sale transaction. |
| February 28, 2026 | Expiration date for some restricted stock. |
| March 2, 2025 | Expiration date for some restricted stock. |
| March 2, 2026 | Expiration date for some restricted stock. |
| March 2, 2027 | Expiration date for some restricted stock. |
| March 2, 2028 | Expiration date for some restricted stock. |
| March 31, 2025 | Date exercisable for some restricted stock. |
| March 31, 2026 | Date exercisable for some restricted stock. |
| March 31, 2027 | Date exercisable for some restricted stock. |
| April 15, 2025 | Expiration date for some restricted stock. |
| April 15, 2026 | Expiration date for some restricted stock. |
| April 15, 2027 | Expiration date for some restricted stock. |
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