Brinker Clayton G. 4

Research Summary

AI-generated summary

Updated

ODFL VP Clayton Brinker Receives Award, Surrenders Shares

What Happened
Clayton G. Brinker, Vice President — Accounting and Finance (PAO) at Old Dominion Freight Line (ODFL), received an equity award of 1,537 shares on 2026-02-11 (reported on Form 4 filed 2026-02-13). On 2026-02-12, 52 shares were disposed of (code F) at $185.51 per share to satisfy tax withholding, yielding about $9,647. The award was granted at $0.00 per share (i.e., a non‑purchase grant).

Key Details

  • Transaction types: A = Award/grant (1,537 shares granted on 2026-02-11); F = Tax withholding/share surrender (52 shares disposed on 2026-02-12).
  • Prices/values: Award reported at $0.00 per share; 52 shares surrendered at $185.51 = ~$9,647.
  • Filing: Form 4 filed 2026-02-13 reporting transactions dated 2026-02-11 and 2026-02-12 (no late‑filing indication in the report).
  • Shares owned after transaction: Not specified in the filing.
  • Notable footnote: Code F indicates shares were used to satisfy tax obligations (routine withholding).

Context
This was an equity award with a routine tax withholding via share surrender, not an open‑market sale or a purchase. Such withholding transactions are common when restricted stock or RSUs vest and do not, by themselves, indicate positive or negative sentiment about the company.