Hartsell Steven W. 4
Research Summary
AI-generated summary
ODFL SVP Steven Hartsell Receives 3,204-Share Award; 257 Withheld
What Happened
- Steven W. Hartsell, Senior Vice President — Sales at Old Dominion Freight Line (ODFL), was granted/received 3,204 shares on 2026-02-11 (code A, acquisition with $0.00 purchase price). On 2026-02-12, 257 shares were disposed (code F) to satisfy a tax withholding obligation at $185.51 per share, totaling $47,676. Net shares retained from the award = 3,204 − 257 = 2,947 shares.
- This was not an open-market sale: the 257-share disposition was a tax withholding related to the award, not a sale to a third party.
Key Details
- Transaction dates and amounts:
- 2026-02-11: Award/acquisition of 3,204 shares (A) at $0.00.
- 2026-02-12: 257 shares withheld/disposed (F) at $185.51/share = $47,676 withheld for taxes.
- Shares owned after transaction: Not specified in the information provided — see the filed Form 4 for the insider’s total holdings.
- Filing: Form 4 filed 2026-02-13. Based on transaction dates, the filing appears timely.
- Codes: A = award/grant; F = payment of exercise price or tax liability (share withholding).
Context
- This appears to be a standard equity award (e.g., RSUs or similar) with shares withheld to cover tax obligations — a routine administrative step that reduces the net shares issued to the insider and does not indicate a decision to sell shares on the market.
- For full ownership context and any plan details, consult the complete Form 4 and the company’s equity plan disclosures.