CONGDON EARL E 4
4 · OLD DOMINION FREIGHT LINE, INC. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Old Dominion (ODFL) Chair Emeritus Earl E. Congdon Sells Shares
What Happened
Earl E. Congdon, Chair Emeritus and Senior Advisor at Old Dominion Freight Line (ODFL), sold 25,000 shares in open-market transactions on Feb 26, 2026, receiving approximately $4,903,174 in proceeds (10,598 shares @ $195.62 = $2,073,181; 14,402 shares @ $196.50 = $2,829,993). He also reported two gifts of 2,896 shares each (5,792 shares total), reported at $0.00 (gifts are not sales and do not necessarily indicate sentiment).
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-02-27 (filed one day after the transactions).
- Sale details: 10,598 shares at weighted avg $195.62 (individual trade prices ranged $195.20–$196.03 per footnote); 14,402 shares at weighted avg $196.50 (individual trade prices ranged $196.20–$196.87 per footnote). Total sale proceeds ≈ $4,903,174.
- Gifts: 2,896 shares and 2,896 shares, reported at $0.00 (dispositions coded G).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: Prices shown are weighted averages; the filing provides ranges for the multiple sale prices and offers to supply a breakdown on request.
- Timeliness: Filing appears timely (submitted the day after the transactions).
Context
- These transactions are sales and gifts—sales are often routine insider activity (liquidity, portfolio management) and gifts are personal transfers; neither necessarily signals company outlook.
- No option exercises or awards were reported in this filing.
- The reporting person is identified by role (Chair Emeritus & Senior Advisor); the Form 4 does not indicate a 10% ownership designation.
Insider Transaction Report
Form 4
CONGDON EARL E
Chair Emeritus & Sr. Advisor
Transactions
- Sale
Common Stock
[F1]2026-02-26$195.62/sh−10,598$2,073,181→ 2,176,515 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-02-26$196.50/sh−14,402$2,829,993→ 2,162,113 total(indirect: By Trust) - Gift
Common Stock
2026-02-26−2,896→ 2,159,217 total(indirect: By Trust) - Gift
Common Stock
2026-02-26−2,896→ 700,651 total(indirect: By Trust)
Holdings
- 1,867,428(indirect: By Trust)
Common Stock
- 58,617(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.20 to $196.03, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.20 to $196.87, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ Earl E. Congdon|2026-02-27