Gantt Greg C 4
Research Summary
AI-generated summary
Old Dominion (ODFL) Director Greg Gantt Sells 22,107 Shares
What Happened Greg C. Gantt, a director of Old Dominion Freight Line, Inc. (ODFL), reported open-market sales of a total of 22,107 shares on May 4, 2026, generating proceeds of approximately $4,233,825. The filing shows four reported disposals with weighted-average prices and gross proceeds as follows:
- 5,073 shares at $190.39 — $965,848
- 11,654 shares at $191.47 — $2,231,391
- 4,289 shares at $192.53 — $825,761
- 1,091 shares at $193.24 — $210,825
This transaction is a sale (code S). Sales by insiders are common and do not by themselves indicate the insider’s view of the company.
Key Details
- Transaction date: May 4, 2026 (reported on Form 4 filed May 5, 2026 — timely filing).
- Reported weighted-average prices: $190.39, $191.47, $192.53, $193.24; total proceeds ≈ $4.23 million.
- Price ranges (per footnotes): trades that made up the weighted averages occurred across these ranges:
- F1: $190.04–$191.03
- F2: $191.04–$192.03
- F3: $192.05–$193.03
- F4: $193.04–$193.52 The filer offers to provide a breakdown of shares sold at each separate price on request.
- Shares owned after the transaction: not disclosed in this filing.
- No 10b5‑1 plan, option exercise, award, or tax-withholding event was disclosed in the Form 4.
Context
- These were open-market disposals (not option exercises or gifts). For retail investors, purchases tend to be more informative about insider conviction; sales can be routine (diversification, liquidity needs, etc.) and should be interpreted cautiously.
- If you want the exact per-trade breakdown within the reported ranges, the filing notes the reporting person will provide that detail to the company, shareholders, or SEC staff upon request.