Form 4: J.B. Hunt Executive Spencer Frazier Reports Stock Transactions

EVP of Sales and Marketing at J.B. Hunt, Spencer Frazier, reports multiple transactions involving common stock, including acquisitions and disposals, on October 31, 2024.

Summary

• On October 31, 2024, Spencer Frazier, EVP of Sales and Marketing at J.B. Hunt Transport Services, reported several transactions involving the company's common stock.
• These transactions included the acquisition of shares through the exercise of restricted stock units and the disposal of shares to cover tax obligations.
• Frazier acquired a total of 2,451 shares of common stock through the exercise of restricted stock units.
• He disposed of 1,012 shares of common stock to satisfy tax withholding obligations at a price of $180.62 per share.
• Following these transactions, Frazier directly owns 6,250 shares of common stock and indirectly owns 1,644 shares through his spouse and 12,228.78 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. These transactions are governed by SEC regulations to prevent insider trading and ensure transparency.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by an executive, but the overall impact is likely minimal.

Key Dates