Field Darren P. 4
Research Summary
AI-generated summary
JBHT EVP Darren Field Receives RSUs; 412 Shares Withheld
What Happened
- Darren P. Field, Executive Vice President and President — Intermodal at J.B. Hunt (JBHT), had a performance-based restricted stock unit (RSU) award settle on 2026-03-31. The award originally covered 3,246 RSU units; 2,372 RSUs vested and were converted into common stock and 874 RSUs were forfeited (per footnote F1).
- Of the 2,372 shares that vested, 412 shares were withheld to satisfy tax withholding obligations at an implied value of $211.90 per share, totaling about $87,303. After withholding, the net shares delivered to Field from this settlement were 1,960 shares (2,372 vested − 412 withheld). No open-market cash sale of shares was reported — the disposition was tax withholding tied to the RSU settlement.
Key Details
- Transaction date: 2026-03-31
- Vesting/conversion: 2,372 RSUs vested and converted to common stock (award originally covered 3,246 RSUs; 874 forfeited) — see F1.
- Tax withholding: 412 shares withheld at $211.90 each = $87,303 (code F).
- Net shares delivered from settlement: 1,960 (2,372 − 412).
- Additional note (F2): filing also reflects shares acquired through 401(k) contributions since 2026-01-22.
- Shares owned after the transaction: not specified in the supplied filing details.
- Filing timeliness: no late filing flag indicated in the provided data.
Context
- This was a settlement of performance-based RSUs (award conversion), not an open-market purchase or voluntary sale. The withholding of 412 shares to cover taxes is a routine administrative step (tax withholding), not a separate market sale decision.
- For derivative-related entries: “M” indicates exercise/conversion of a derivative (here, RSU settlement). “F” indicates shares were withheld to cover taxes.