Form 4: Old Dominion Freight Line CEO Kevin M. Freeman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kevin M. Freeman, President and CEO of Old Dominion Freight Line, reports acquisition of 5,268 shares of common stock and indirect ownership of 10,415 shares through a 401(k) plan.
Summary
- On February 12, 2025, Kevin M. Freeman, the President and CEO of Old Dominion Freight Line, Inc. (ODFL), reported changes in his beneficial ownership of the company's stock.
- Freeman acquired 5,268 shares of common stock.
- He also indirectly owns 10,415 shares through a 401(k) plan.
- Following the reported transactions, Freeman directly owns 59,333 shares of ODFL common stock.
Sentiment
Score: 5
Explanation: This is a routine filing, so the sentiment is neutral. It reflects standard insider trading activity.
Industry Context
Form 4 filings are routine and provide transparency into the trading activities of company insiders, which can be a signal of management's view on the company's prospects.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It can influence investor sentiment depending on the perceived reasons for the stock acquisition.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of transaction: acquisition of common stock |
| 02/13/2025 | Date of signature for the Form 4 filing |
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