Simpson Shelley 4
Research Summary
AI-generated summary
JBHT CEO Shelley Simpson Exercises Options, Sells Shares
What Happened
- Shelley Simpson, President and CEO of Hunt J B Transport Services, Inc. (JBHT), exercised/converted derivative awards totaling 16,357 shares on Jan 31, 2026 (several option/derivative conversions recorded at $0.00). To satisfy tax withholding obligations, 7,257 shares were withheld/sold at $202.72 per share, generating proceeds of approximately $1,471,139. The transactions were reported on a Form 4 filed Feb 2, 2026.
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability (withholding). The $0.00 per-share exercise price in the filing likely reflects conversion/settlement of awards (e.g., RSUs or net-settled options) rather than a cash outlay.
Key Details
- Transaction date: Jan 31, 2026. Form 4 filed: Feb 2, 2026 (appears timely).
- Exercise/conversion: 2,888 + 6,686 + 1,806 + 3,732 + 1,245 = 16,357 shares at $0.00 (reported).
- Tax withholding/sale: 1,281 + 2,966 + 801 + 1,656 + 553 = 7,257 shares sold/withheld at $202.72 for total proceeds ≈ $1,471,139.
- Shares owned after the transactions: not specified in the provided details of this summary; see the full Form 4 for post-transaction ownership.
- Notable: sales were reported as tax withholding/exercise-related (F), a routine settlement method. No 10b5-1 plan or late-filing flag is noted in the information provided here.
Context
- This appears to be a cashless/withholding settlement tied to exercising equity awards — management often allows shares to be withheld or sold to cover taxes. Such transactions are typically administrative and do not necessarily signal a change in the insider’s view of the company.
- For retail investors, purchases are generally more informative than routine withholding sales; treat this as a standard exercise/withholding event unless further disclosures indicate otherwise.
For full details and post-transaction beneficial ownership, consult the original Form 4 filing (Accession No. 0001406572-26-000002).
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