Parr Ross H. 4
Research Summary
AI-generated summary
ODFL SVP Ross Parr Receives Award; 262 Shares Withheld
What Happened
- Ross H. Parr, Senior Vice President — Legal Affairs, General Counsel and Secretary of Old Dominion Freight Line (ODFL), received an award of 3,272 shares on 2026-02-11 (reported as an acquisition at $0.00).
- On 2026-02-12, 262 shares were disposed of (code F) as tax withholding at $185.51 per share, totaling $48,604. The remaining shares were retained by the insider.
Key Details
- Transaction dates: Award acquired 2026-02-11 (code A); tax withholding 2026-02-12 (code F).
- Prices/values: Award reported at $0.00 per share (grant); 262 shares withheld at $185.51 each = $48,604.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Notes: Code A = award/grant/acquisition; Code F = shares withheld to satisfy tax withholding obligations (common on vesting). No indication this was an open-market sale.
- Filing timeliness: Filing does not indicate a late report.
Context
- This appears to be a standard equity award vesting followed by company withholding of a portion of the award to cover taxes (a common cashless tax-withholding method), not an opportunistic open-market sale. Such withholding reduces the insider’s net new shares received but does not necessarily signal a change in insider sentiment.