Form 4: ArcBest CLO James Brent Hagy Executes Stock Transaction
Insider Transaction Report
Chief Legal Officer James Brent Hagy disposed of 303 shares of ArcBest Corporation common stock to cover tax obligations.
Summary
- James Brent Hagy, Chief Legal Officer and Corporate Secretary of ArcBest Corporation, reported the disposition of 303 shares of common stock.
- The transaction occurred on May 6, 2026, at a price of $121.82 per share.
- The disposition was executed to satisfy tax withholding obligations related to the vesting of equity awards.
- Following this transaction, the reporting person maintains beneficial ownership of 4,622 shares of ArcBest common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a standard administrative procedure for tax compliance.
Positives
- The transaction was a routine administrative action related to tax withholding rather than a discretionary sale of shares.
Negatives
- The transaction represents a reduction in the direct equity holdings of a key executive.
Risks
- No specific risks were disclosed in this filing.
Future Outlook
Not applicable for this type of filing.
Industry Context
StockSavvy.ai notes that routine tax-related share dispositions by corporate officers are standard practice in the logistics and transportation sector and generally do not signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction aligns with standard executive compensation and tax withholding practices observed across the S&P 400 and broader transportation industry.
Stakeholder Impact
- Minimal impact on shareholders as the transaction was non-discretionary.
Key Dates
| Date | Description |
|---|---|
| 05/06/2026 | Date of the reported stock transaction. |
| 05/08/2026 | Date the Form 4 was signed and filed. |
Keywords
ArcBest, ARCB, Form 4, Insider Trading, Chief Legal Officer, Equity Compensation
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