Form 4: Old Dominion Freight Line Executive Chairman Reports Gift of Shares
SEC Form 4 Filing
David S. Congdon, Executive Chairman of Old Dominion Freight Line, reported a gift of 29,410 shares of common stock.
Summary
- On May 14, 2025, David S. Congdon, the Executive Chairman of Old Dominion Freight Line, reported a transaction involving the company's common stock.
- The transaction involved a gift of 29,410 shares.
- Following the transaction, Mr. Congdon indirectly owns 1,246,225 shares through the David S. Congdon Revocable Trust dated 12/3/91.
- He also has indirect ownership through various trusts for family members.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a gift of shares, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 12/3/91 | Date of David S. Congdon Revocable Trust |
| 12/18/98 | Date of Irrevocable Trust Agreement fbo Ashlyn Congdon |
| 11/18/99 | Date of David S. Congdon Irrevocable Trust No. 2 |
| 4/24/12 | Date of Helen S. Congdon Revocable Inter Vivos Trust |
| 05/14/2025 | Date of stock transaction (gift of shares) |
| 05/15/2025 | Date of signature |
Keywords
ODFL, Old Dominion Freight Line, David S. Congdon, Executive Chairman, Form 4, Beneficial Ownership, Stock Transaction, Gift
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