Frazier Spencer 4

What Happened
Spencer Frazier, Executive Vice President of Sales & Marketing at Hunt J B Transport Services, reported multiple open‑market purchases of JBHT shares between Nov 18, 2022 and Nov 21, 2025. The filings list about 204.77 shares bought across 21 transactions at prices ranging roughly from $133.19 to $207.37, totaling approximately $31,900. These were purchases (a bullish signal in the sense of buying stock rather than selling), including some small lots consistent with dividend reinvestment and retirement plan contributions.

Key Details

• Transaction dates: multiple purchases from 2022-11-18 through 2025-11-21 (see filing for full list). Prices reported per trade ranged from $133.19 to $207.37; some trades were executed in multiple fills and reported as weighted averages.
• Aggregate purchased: ~204.77 shares for ~ $31,872 across the listed transactions.
• Additional shares: footnote F16 notes 27.2598 shares acquired through 401(k) contributions since Jan 31, 2026. Footnote F1 references shares acquired via a broker‑administered dividend reinvestment plan.
• Short‑swing items: several purchases triggered incremental short‑swing profit calculations tied to an earlier sale (Nov 6, 2024). Notable amounts called out: $4,088.34 (Apr 7, 2025) and $306.39 (Feb 21, 2025); the reporting person states a delivered check to the issuer totaling $5,376.51 covering multiple short‑swing amounts.
• Execution detail: multiple transactions include footnotes (F2, F10, F12, F14, F15) noting execution across price ranges; the filer offered to provide per‑price breakdowns on request.
• Filing timeliness: The Form 4 was filed on 2026-03-13 covering transactions as early as 2022-11-18; the filing is marked late (transactionTimeliness = 'L').

Context

• These are open‑market buys and small plan/DRIP/401(k) purchases — routine insider accumulation rather than option exercises or gifts. Purchases can be of greater interest to retail investors than sales because they show direct buying by an insider, but they do not prove future performance.
• The presence of short‑swing profit adjustments indicates the filer had sales within six months of some buys; the filer reports making payments to cover those amounts as required under Section 16(b).