Scott Stuart Lockard 4

What Happened

• Scott Stuart Lockard, EVP and Chief Information Officer of Hunt J B Transport Services, exercised a total of 7,005 options on January 31, 2026 (four tranches of 1,627; 1,767; 1,684; 1,927 shares) and, on the same date, disposed of the same 7,005 shares. Each exercise/disposition is reported with a per‑share price of $0.00 and a reported value of $0. These paired “acquired” (M code) and “disposed” (derivative) entries are consistent with a cashless or net exercise and immediate sale to cover exercise costs/taxes rather than a market buy.

Key Details

• Transaction date: 2026-01-31 (filed 2026-02-02)
• Lots exercised: 1,627; 1,767; 1,684; 1,927 — total 7,005 shares exercised and 7,005 shares disposed
• Reported price/value: $0.00 per share; total reported $0 (typical for option exercises with net settlement or same‑day disposition)
• Transaction codes: M = exercise/conversion of derivative; corresponding disposals listed as derivative dispositions
• Shares owned after transaction: not specified in the information provided
• Filing timeliness: Form filed 2026-02-02 for a 2026-01-31 transaction — no late-filing flag noted in the summary provided

Context

• For retail investors: this appears to be an option exercise followed by an immediate sale (cashless or net exercise), a common executive practice to cover taxes and option costs; such transactions are routine and do not by themselves signal a change in insider sentiment.
• The Form 4 reports derivative exercises and matching disposals; because proceeds and per-share prices are reported as $0, the economic details (cash received) are not disclosed here and likely reflect net settlement or broker withholding rather than an open-market sale for cash.