Parks Jason T 4
4 · ARCBEST CORP /DE/ · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
ARCBEST VP Jason Parks Surrenders 222 Shares for Tax Withholding
What Happened
Jason T. Parks, Vice President - Controller and Chief Accounting Officer of ARCBEST (ARCB), surrendered a total of 222 shares to satisfy tax withholding obligations tied to equity compensation. On 2026-05-06 he surrendered 149 shares at $121.82 ($18,151) and on 2026-05-07 he surrendered 73 shares at $121.78 ($8,890), for a combined value of $27,041. These were dispositions to cover tax liability (transaction code F), not open-market sales.
Key Details
- Transaction dates and prices:
- 2026-05-06: 149 shares @ $121.82 = $18,151 (F)
- 2026-05-07: 73 shares @ $121.78 = $8,890 (F)
- Total shares surrendered: 222; total value ≈ $27,041.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: (F) indicates payment of exercise price or tax liability via share surrender/withholding.
- Filing: Form 4 filed 2026-05-08; timing appears within the SEC two-business-day reporting window (timely).
Context
These transactions represent tax withholding related to equity awards or option exercises — common administrative actions that reduce the insider's share count to cover taxes. Such withholding is routine and differs from voluntary open-market sales; it does not by itself indicate insider sentiment about the company's stock.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.01 per share
2026-05-06$121.82/sh−149$18,151→ 4,722 total - Tax Payment
Common Stock, par value $0.01 per share
2026-05-07$121.78/sh−73$8,890→ 4,649 total