Form 4: Old Dominion Freight Line Director Greg Gantt Reports Stock Transfer

Sentiment:

SEC Form 4 Filing


Director Greg Gantt reports an in-kind transfer of Old Dominion Freight Line, Inc. common stock within his 401(k) Retirement Plan.

Summary

  • On May 7, 2024, Greg C. Gantt, a director of Old Dominion Freight Line, Inc., reported a transaction involving the company's common stock.
  • The transaction involved a disposition of 1,354 shares at $0 price.
  • Following the reported transaction, Gantt directly owns 114,180 shares of Old Dominion Freight Line, Inc.
  • Gantt also indirectly owns shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transaction itself doesn't indicate any particularly positive or negative sentiment. It's a neutral disclosure of insider activity.

Industry Context

This filing is a routine disclosure of insider transactions, required by the SEC to ensure transparency and prevent insider trading. It provides investors with information about the trading activities of company insiders.

Stakeholder Impact

  • The transaction itself is unlikely to have a significant impact on stakeholders, as it is a relatively small transfer of shares by a director.
  • The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
05/06/2024In-kind transfer of 15,792 shares into the Old Dominion 401(K) Retirement Plan.
05/07/2024Date of the reported stock transaction (disposition of 1,354 shares).
05/08/2024Date of signature for the Form 4 filing.

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