Freeman Kevin M. 4

What Happened
Kevin M. Freeman, President, CEO and Director of Old Dominion Freight Line (ODFL), was granted 6,243 shares on 2026-02-11 (reported as an award/grant). On 2026-02-12, 763 of those shares were surrendered/withheld to cover tax liabilities at $185.51 per share, a withholding value of $141,544. Net shares retained from the grant: 5,480. The award was reported with an acquisition price of $0.00 (typical for restricted stock/RSU awards).

Key Details

• Transaction dates: Award granted 2026-02-11 (code A); tax withholding 2026-02-12 (code F).
• Withholding price/value: 763 shares × $185.51 = $141,544 (used to satisfy tax liability).
• Net shares retained from the grant: 6,243 − 763 = 5,480 shares.
• Filing date / accession: Form 4 filed 2026-02-13 (no indication in the provided data that the filing was late).
• Shares owned after the transaction: not specified in the provided filing.
• Codes explained: A = award/grant; F = payment of exercise price or tax liability (here, share withholding for taxes).

Context
This was a compensation-related transaction (an equity award) with routine tax withholding — not an open-market sale or purchase. Using the $185.51 withholding price, the grant’s implied market value would be roughly $1.16M (6,243 × $185.51), but the Form 4 lists the acquisition price as $0.00 because these are compensation shares. Such awards are standard executive compensation and do not by themselves indicate the insider’s view on the company’s stock.