Form 4: Old Dominion Freight Line EVP and CFO Adam N. Satterfield Reports Beneficial Ownership Changes
SEC Form 4 Filing
Adam N. Satterfield, EVP and CFO of Old Dominion Freight Line, reports changes in beneficial ownership of company stock, including acquisitions and disposals.
Summary
- On February 12, 2025, Adam N. Satterfield, the EVP and CFO of Old Dominion Freight Line, reported changes in his beneficial ownership of the company's stock.
- He acquired 3,458 shares of Common Stock at $0.
- He also disposed of 51,762 shares of Common Stock.
- Following these transactions, Satterfield directly owns 21,128 shares and indirectly owns shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives to periodically adjust their holdings.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of the stock transaction (acquisition and disposal). |
| 02/13/2025 | Date of signature for the Form 4 filing. |
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