Plemmons Gregory B 4

What Happened

• Gregory B. Plemmons, EVP and Chief Operating Officer of Old Dominion Freight Line (ODFL), was granted 4,098 shares on 2026-02-11 (code A — award/acquisition).
• On 2026-02-12, 501 of those shares were disposed (code F — tax withholding) at $185.51 per share, generating proceeds of $92,941 to satisfy tax obligations.
• This was primarily an award/acquisition event; the share disposition reflects routine tax withholding (not an open-market sale).

Key Details

• Transaction dates and amounts:
  • 2026-02-11: Award/acquisition of 4,098 shares (A) at $0.00 per share (grant).
  • 2026-02-12: Tax withholding/disposition of 501 shares (F) at $185.51 per share = $92,941.
• Shares owned after transaction: Not specified in the filing provided.
• Footnotes/notes: F = shares withheld or surrendered to cover tax withholding related to the award (common for RSUs/restricted shares). No 10b5-1 plan or other special instructions disclosed.
• Timeliness: Report filed 2026-02-13 for transactions on 2026-02-11–02-12; filing appears timely (no late-filing flag in the report).

Context

• This appears to be a stock award (acquisition) with a portion of shares withheld to cover taxes — a routine administrative step rather than a directional bet on the stock.
• For retail investors, awards indicate insider compensation/retention; the withheld shares do not necessarily signal insider selling intent beyond satisfying tax obligations.