Beasley John Matthew 4

What Happened

• John Matthew Beasley, Chief Financial Officer of ARCBEST CORP (ARCB), had 631 shares disposed to satisfy tax withholding related to an equity transaction. The disposals occurred on May 6 and May 7, 2026, for a combined value of $76,861 (438 shares at $121.82 = $53,357; 193 shares at $121.78 = $23,504).
• This was a tax-withholding stock surrender (routine disposition), not an open-market purchase—generally a neutral, administrative action rather than a directional bet on the stock.

Key Details

• Transaction dates and prices:
  • 2026-05-06: 438 shares disposed at $121.82 each, proceeds/value $53,357 (code F: payment of exercise price or tax liability).
  • 2026-05-07: 193 shares disposed at $121.78 each, proceeds/value $23,504 (code F).
• Total shares surrendered: 631; total value: $76,861.
• Shares owned after transaction: not specified in the information provided in this summary (check the Form 4 for the “Amount of Securities Owned Following Reported Transaction” field).
• Footnote/transaction code: “F” indicates shares were used to pay an exercise price or to satisfy tax withholding obligations (common after option exercises or restricted stock vesting).
• Filing timeliness: Reported on May 8, 2026 for transactions on May 6–7, 2026 — the filing appears timely (Form 4s are typically due within two business days).

Context

• This is effectively a cashless/stock-surrender to cover taxes following an equity award or option exercise. Such withholding sales are routine and do not necessarily signal the insider’s view of the company’s prospects.
• Purchases are generally more informative about insider confidence than routine tax-withholding disposals.