Sultemeier Chris T. 4
Research Summary
AI-generated summary
ARCBEST (ARCB) Director Chris T. Sultemeier Receives 1,350-Share Award
What Happened
Chris T. Sultemeier, a director of ArcBest Corp. (ARCB), was issued 1,350 shares under an award/grant (transaction code A) on May 5, 2026. The Form 4 lists the acquisition price as $0.00 and reports the reported value as $0. This is an award/compensation-related acquisition rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-05; Type: Award/Grant (code A)
- Shares acquired: 1,350; Reported price/value: $0.00 / $0 (per the Form 4)
- Filing date: 2026-05-07 (reported two days after the transaction) — appears to be timely (Form 4s are generally due within 2 business days)
- Shares owned after the transaction: Not disclosed in the provided filing details
- Footnotes/plan details (e.g., 10b5-1, vesting, tax withholding): None disclosed in the supplied information
Context
Awards to directors are commonly part of compensation packages (restricted stock, RSUs, or similar) and may vest over time; they do not necessarily indicate the director is buying stock on the open market. For retail investors, outright purchases often carry clearer signals about insider sentiment than routine compensation awards.