Pinkerton Mac S 4
Research Summary
AI-generated summary
ArcBest (ARCB) COO Pinkerton Receives Award
What Happened
- Mac S. Pinkerton, Chief Operating Officer, Asset‑Light Logistics at ArcBest (ARCB), was granted 2,150 shares as an award on February 6, 2026. The reported acquisition price is $0.00, indicating a non‑cash grant rather than an open‑market purchase.
Key Details
- Transaction date: 2026-02-06; Filing date (Form 4): 2026-02-10 (timely filed within the SEC two‑business‑day window).
- Transaction type/code: Award/Grant (code A).
- Shares acquired: 2,150 at $0.00 (total cash paid reported $0).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Full title listed as "Chief Operating Officer, Asset‑Light Logistics."
- No vesting, 10b5‑1 plan, tax withholding, or other restrictions were disclosed in the excerpt.
Context
- This was a compensation award (non‑cash grant), which is common for executives and does not by itself indicate buying or selling sentiment. Retail investors often view purchases as stronger signals of insider conviction; grants are primarily part of pay/retention programs.