Hobbs Nicholas 4
Research Summary
AI-generated summary
JBHT EVP/COO Nicholas Hobbs Receives 22,722-Share Award
What Happened
Nicholas Hobbs, Executive Vice President and Chief Operating Officer of Hunt J B Transport Services, received three equity awards on 2026-01-22 totaling 22,722 shares (6,300 + 6,973 + 9,449). Each award is reported as a derivative acquisition (transaction code A) with a $0.00 per-share price, meaning Hobbs did not pay cash for the awards; value will depend on JBHT’s share price and any vesting conditions.
Key Details
- Transaction date: 2026-01-22; Form 4 filed: 2026-01-26 (filed within required two business days).
- Awards: 6,300; 6,973; and 9,449 derivative shares — total 22,722 shares. Price per share reported: $0.00.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes/plan details: Filing lists these as awards (derivative securities). No 10b5‑1 plan, tax‑withholding or cashless‑sale details were provided in the summary you shared.
- Transaction code meaning: "A" = grant/award/acquisition of derivative securities.
Context
These are grants of equity-based compensation (commonly restricted stock units or performance awards), not open‑market purchases or sales. Such awards are routine for executives and represent compensation rather than a direct cash investment or sale; their ultimate value depends on vesting terms and future stock price.