ARCBEST CORP /DE/·4

May 7, 4:14 PM ET

Beasley John Matthew 4

Research Summary

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Updated

ARCBEST CFO John Beasley Receives Award; 321 Shares Withheld

What Happened John Matthew Beasley, Chief Financial Officer of ARCBEST CORP (ARCB), received a grant/award of 3,000 shares on May 5, 2026 (transaction code A). To satisfy tax withholding obligations related to the award (transaction code F), 321 shares were withheld/disposed at $118.17 per share, generating approximately $37,933. Net shares retained from the award equal 2,679 shares (3,000 granted minus 321 withheld).

Key Details

  • Transaction date: 2026-05-05; Form 4 filed 2026-05-07 (timely within the usual two-business-day window).
  • Awarded: 3,000 shares (acquired at $0.00 — typical of stock awards/RSUs).
  • Withheld/disposed for taxes: 321 shares at $118.17 each, totaling $37,933.
  • Shares owned after transaction: Not disclosed in the filing.
  • Codes: A = Award/Grant (acquisition); F = Payment of exercise price or tax liability (shares withheld for taxes).
  • No indication in the filing of a 10b5-1 plan or an open-market sale — the disposal was for tax withholding.

Context This appears to be a routine equity award with shares withheld to cover tax obligations (a common practice for RSUs/awards). The withholding is not an open-market sale and should not be read as a directional bet by the insider. Purchases or open-market buys typically carry more weight as a bullish signal than routine award vesting and withholding.