Research Summary
AI-generated summary of this SEC filing
ArcBest (ARCB) CHRO Erin Gattis Sells 6,163 Shares
What Happened
Erin K. Gattis, Chief Human Resources Officer of ArcBest Corporation (ARCB), sold 6,163 shares in an open-market transaction on August 4, 2026, at $140.00 per share for a total of $862,820. This was a sale (not a purchase or option exercise), which is often routine insider selling and does not by itself indicate company performance.
Key Details
- Transaction date and price: 2026-08-04 — 6,163 shares sold at $140.00/share. Total proceeds: $862,820.
- Filing date: Form 4 filed 2026-08-05 (appears timely under standard reporting rules).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The share count was calculated from ArcBest Corporation stock fund figures provided by the fund management company on 08/05/2026; number of shares was derived from unit ownership.
Context
Insider sales can reflect personal financial planning (diversification, taxes, etc.) and are generally less informative than purchases about an insider’s view of the company. The filing’s footnote indicates the reported share amount was computed from fund unit holdings, suggesting the sale involved shares tied to a company stock fund.