Kuhlow John 4

What Happened

• John Kuhlow, Chief Accounting Officer of Hunt J B Transport Services (JBHT), had performance-based restricted stock units (RSUs) from a January 2023 grant partially vest on 2026-03-31. Per the filing, 1,977 RSUs converted into common shares (acquired) at $0.00 (code M). To satisfy tax withholding, 858 of those shares were disposed (sold) at $211.90 each, producing proceeds of $181,810 (code F). The filing also shows the original award total of 2,705 RSUs (1,977 vested + 728 forfeited).

Key Details

• Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (Accession 0001532918-26-000004).
• RSU conversion: 1,977 shares acquired (conversion of performance RSUs) at $0.00.
• Tax withholding sale: 858 shares sold at $211.90 for $181,810 (code F — tax withholding).
• Original award size: 2,705 RSUs; 728 RSUs were forfeited (footnote F1).
• Additional note: footnote F2 indicates shares acquired via 401(k) contributions since 2026-01-22.
• Shares owned after the transactions: not specified in the provided excerpt.
• No 10b5-1 plan or late-filing flag is indicated in the supplied data.

Context

• This was not an open-market purchase or opportunistic sale by the insider: it was the vesting/conversion of performance-based RSUs, with a routine sell-to-cover (tax withholding) of a portion of the vested shares. Such sell-to-cover transactions are standard and reflect tax obligations rather than a directional bet on the stock. The "M" codes reflect conversion/exercise of a derivative (RSU vesting), and the "F" code reflects shares withheld/sold to meet tax liabilities.