Form 4: Old Dominion Freight Line Director Settles Phantom Stock Awards for Common Stock
SEC Form 4 Filing
Director Greg C. Gantt reports settling phantom stock awards for Old Dominion Freight Line common stock on October 1, 2024.
Summary
- Greg C. Gantt, a director of Old Dominion Freight Line, Inc., reported the settlement of phantom stock awards into common stock on October 1, 2024.
- The transactions involved multiple grants of phantom stock from 2010 to 2015.
- These phantom stock awards were settled for shares of Old Dominion Freight Line, Inc. common stock.
- The director now beneficially owns 104,890 shares of common stock following the reported transactions.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The settlement of phantom stock awards could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 2010 | Grants prior to 2010 |
| August 24, 2010 | Three-for-two stock split |
| September 10, 2012 | Three-for-two stock split |
| 2011 | 2011 grant |
| 2012 | 2012 grant |
| 2013 | 2013 grant |
| 2014 | 2014 grant |
| 2015 | 2015 grant |
| March 25, 2020 | Three-for-two stock split |
| March 28, 2024 | Two-for-one stock split |
| October 01, 2024 | Date of earliest transaction and settlement of phantom stock awards |
| October 02, 2024 | Date of signature |
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