ArcBest (ARCB) Chief Innovation Officer Dennis L. Anderson Sells Shares

What Happened

• Dennis L. Anderson II, Chief Innovation Officer at ArcBest (ARCB), disclosed sales and a gift on Aug 11, 2026. He sold 3,347 shares for $451,410 (reported avg. $134.87) and 2,103 shares for $285,230 (reported avg. $135.63), for total gross proceeds of about $736,640. He also disposed of 1,950 shares as a gift (no proceeds).

Key Details

• Transaction dates: all reported on 2026-08-11; Form 4 filed 2026-08-12 (timely, next-day filing).
• Sales: 3,347 shares at a weighted average $134.87 (actual sale prices ranged $134.430–$135.425 per F1); 2,103 shares at a weighted average $135.63 (actual prices ranged $135.470–$135.730 per F2).
• Gift: 1,950 shares reported with $0 proceeds (code G).
• Shares owned after transaction: not stated in the provided filing details.
• Insider status: officer (Chief Innovation Officer); no 10% owner designation indicated in this disclosure.

Context

• Sales (code S) are typically routine insider selling and do not, by themselves, indicate management’s view of the company’s prospects. The gift (code G) is a non-market disposition and likewise doesn’t signal market sentiment.
• Footnotes clarify reported prices are weighted averages across multiple trades; the filer offered to provide per-trade price breakdowns on request.