Webb Brian 4
Research Summary
AI-generated summary
JBHT EVP Brian Webb Exercises Options, Sells Shares for Taxes
What Happened
Brian Webb, EVP — Final Mile Services at Hunt J B Transport Services, exercised stock options on 2026-01-31 to acquire a total of 1,466 shares (three exercises: 533, 488 and 445 shares). To satisfy tax withholding related to the exercises, 721 shares were surrendered/withheld (262, 240 and 219 shares) at a per-share withholding value of $202.72, producing total withholding proceeds of $146,162. The Form 4 shows the exercises reported with a $0.00 exercise price (per the filing entries) and the withholding entries reported as dispositions.
Key Details
- Transaction date: 2026-01-31; Form 4 filed 2026-02-02 (timely filing).
- Options exercised (code M): 533, 488, 445 shares = 1,466 shares acquired (reported at $0.00).
- Tax withholding / payment (code F): 262, 240, 219 shares = 721 shares withheld at $202.72 each; total = $146,162.
- Net new shares retained after withholding: 1,466 − 721 = 745 shares.
- Shares owned after the transaction: not stated in the provided filing data.
- Notes: M = option exercise/conversion; F = payment of exercise price or tax liability (share withholding). No 10b5-1 plan or late filing flags are indicated in the provided data.
Context
This was an option exercise with shares withheld to cover tax obligations — a common, routine outcome when executives exercise equity awards. The withholding-surrender of a portion of the exercised shares is effectively a cashless tax payment and does not necessarily indicate a buy/sell sentiment beyond exercising granted options.
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