Frazier Spencer 4/A
Research Summary
AI-generated summary
JBHT EVP Frazier Spencer Receives 2,529-Share Award
What Happened Frazier Spencer, Executive Vice President of Sales and Marketing at J.B. Hunt Transport Services (JBHT), was granted two awards on January 22, 2024 totaling 2,529 derivative shares: 632 shares and 1,897 shares. Both awards are reported at $0.00 per share (typical for restricted stock units or other equity awards), so no cash was paid by the insider. These are awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2024-01-22. Transaction type: Award/Grant (code A). Amounts: 632 shares and 1,897 shares. Reported price: $0.00 per share.
- Securities are derivative awards (likely RSUs or similar) — no immediate cash purchase.
- Filing is an amendment: it corrects the number of shares beneficially owned by the reporting person’s spouse; prior reports rounded spouse holdings to 1,664 shares and this amendment reports the more precise fractional amount.
- The Form 4 shows awards but does not disclose vesting schedule or post-transaction total beneficial ownership in the supplied summary.
Context Equity awards like these are common compensation for executives and do not necessarily indicate buying or selling sentiment—they typically vest over time or upon meeting performance goals. The amendment here is administrative: it corrects previously reported spouse holdings (including a rounding correction), which improves the accuracy of insider ownership records but does not change the nature of the award transaction.