CONGDON DAVID S 4
Research Summary
AI-generated summary
Old Dominion (ODFL) Exec. Chairman David Congdon Gifts 73,730 Shares
What Happened
David S. Congdon, Executive Chairman and Director of Old Dominion Freight Line (ODFL), reported a gift (Form 4 code G) of 73,730 shares on 2026-05-19. The shares were disposed with a reported price of $0.00, so no cash proceeds were received.
Key Details
- Transaction date: 2026-05-19; filing date: 2026-05-20 (timely filing).
- Transaction type/code: Gift (G); reported price per share: $0.00; total proceeds: $0.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: F1 states the reporting person received an aggregate of 192 shares as gifts since his last Form 4.
- No indication of a 10b5-1 plan, tax withholding, or option exercise in this filing.
Context
Gifts are transfers of shares and do not involve market purchases or sales, so they should not be read as a directional signal about the insider’s view of the stock. The filing shows a large gift/transfer of shares with no cash exchanged; the small receipt of 192 shares noted in the footnote is separate and aggregated since the last report.