OLD DOMINION FREIGHT LINE, INC.·4

Feb 10, 4:16 PM ET

Plemmons Gregory B 4

Research Summary

AI-generated summary

Updated

OLD DOMINION (ODFL) EVP Gregory Plemmons Surrenders Shares for Taxes

What Happened

  • Gregory B. Plemmons, EVP and COO of Old Dominion Freight Line (ODFL), had a total of 660 shares withheld/surrendered to satisfy tax obligations tied to equity compensation. On Feb 7, 2026 he surrendered 343 shares at $202.47 each ($69,447); on Feb 8, 2026 he surrendered 317 shares at $202.47 each ($64,183). These transactions are reported under code F (payment of exercise price or tax liability) — a withholding of shares rather than an open-market sale.

Key Details

  • Transaction dates & prices: Feb 7, 2026 — 343 shares @ $202.47 ($69,447); Feb 8, 2026 — 317 shares @ $202.47 ($64,183).
  • Total shares surrendered: 660; total value ≈ $133,630.
  • Transaction code: F — payment of exercise price or tax liability (share-withholding for taxes).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Filing: Form 4 filed Feb 10, 2026; filing appears timely based on the reported transaction dates.

Context

  • This appears to be a routine tax-withholding event related to equity compensation (e.g., option exercise or RSU vesting). Shares were surrendered to cover tax obligations rather than sold in the open market, so it does not necessarily signal a decision to monetize holdings.