Form 4: ODFL SVP Sells Shares for Tax Obligations

Old Dominion Freight Line's SVP of Sales, Steven W. Hartsell, reported the sale of common stock to cover tax liabilities.

Summary

• Steven W. Hartsell, SVP Sales at Old Dominion Freight Line, Inc. (ODFL), reported changes in his beneficial ownership.
• On February 7, 2026, Hartsell disposed of 268 shares of ODFL common stock at a price of $202.47 per share.
• On February 8, 2026, Hartsell disposed of an additional 141 shares of ODFL common stock at the same price of $202.47 per share.
• These transactions, coded 'F', indicate shares were withheld to cover tax liabilities incident to the vesting of a security.
• Following these transactions, Hartsell directly owns 4,672 shares of common stock.
• He also indirectly owns 5,782 shares through a trust and 1,648 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the disposition of shares is for tax withholding purposes, a routine compliance matter, and not an open market sale reflecting a change in insider sentiment.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales for tax purposes (Transaction Code 'F') are common and generally not indicative of a change in management's sentiment towards the company's future prospects, unlike open market sales. This is a routine compliance filing.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine tax-related transactions by an insider, not indicative of a change in company fundamentals or management's long-term view.

Key Dates

Recommendation

The filing details a routine insider transaction for tax purposes, which does not provide new information to warrant a change in investment recommendation. It's a compliance filing, not a strategic move.

Keywords

Old Dominion Freight Line, ODFL, Steven W. Hartsell, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Common Stock, SVP Sales