CONGDON EARL E 4

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.