ROBERTS JOHN N 4

What Happened

• John N. Roberts, Chairman of the Board and Director of Hunt J B Transport Services, exercised options on January 31, 2026, resulting in 11,951 underlying shares. To cover tax withholding obligations, 282 shares were surrendered (119 shares for $24,124 and 163 shares for $33,043, total ~$57,167). The filing also shows 11,951 derivative-share entries marked as disposed, consistent with a conversion/settlement of options.

Key Details

• Transaction date: January 31, 2026; Form 4 filed February 2, 2026 (timely filing).
• Option exercise totals: 11,951 shares exercised (5,046 and 6,905 lots).
• Tax withholding: 119 shares ($24,124) and 163 shares ($33,043) — 282 shares withheld (~$57,167).
• Disposals reported as derivative conversions: 11,951 shares (records show conversion/settlement).
• Price noted for tax withholding disposals: $202.72 per share.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability.

Context

• This was an options exercise (derivative conversion). The combination of exercised shares and simultaneous derivative disposals suggests a cashless settlement or immediate conversion/transfer of the exercised shares; the withheld shares covered tax obligations. Such withholding is a routine administrative step and does not by itself indicate the insider’s market view.