Parks Jason T 4
4 · ARCBEST CORP /DE/ · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
ARCBEST VP-Controller Jason T. Parks Receives 775-Share Award
What Happened Jason T. Parks, Vice President - Controller (Chief Accounting Officer) of ARCBEST Corp. (ARCB), was granted 775 shares on May 5, 2026 (reported on a Form 4 filed May 7, 2026). To satisfy tax withholding related to the award, 122 of those shares were surrendered/withheld at $118.17 per share, a withholding value of $14,417. The award shows an acquisition price of $0.00 (standard for granted/restricted shares); net shares retained by Parks after withholding were 653 shares (775 granted − 122 withheld).
Key Details
- Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (timely filing).
- Award: 775 shares (code A) acquired at $0.00.
- Tax withholding: 122 shares (code F) disposed at $118.17 each; total $14,417.
- Net new shares to insider: 653 shares.
- Shares owned after transaction: not disclosed in the Form 4 provided.
- Footnote: Full officer title is Vice President - Controller, Chief Accounting Officer.
Context This filing reflects a stock award (grant) and routine tax-withholding, not an open-market sale or purchase. Withholding of shares to cover tax obligations is common and does not necessarily indicate a change in the insider’s view of the company. No evidence of a 10b5-1 plan or market sale was reported.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
2026-05-05+775→ 4,993 total - Tax Payment
Common Stock, par value $0.01 per share
2026-05-05$118.17/sh−122$14,417→ 4,871 total