CONGDON DAVID S 4

What Happened

• David S. Congdon, Executive Chairman and Director of Old Dominion Freight Line (ODFL), disposed of 295,670 shares on May 27, 2026 as a gift (transaction code G). The reported price is $0.00, so no cash proceeds were received from this transfer. The Form 4 was filed on May 28, 2026.

Key Details

• Transaction date: 2026-05-27; Filing date: 2026-05-28 (filed promptly).
• Transaction type/code: Gift (G); Price reported: $0.00; Shares disposed: 295,670.
• Shares owned after the transaction: Not specified in this filing.
• No 10b5-1 plan, tax withholding, or other footnotes were reported on the Form 4.

Context

• Gifts are transfers for estate planning, charity, or personal reasons and do not necessarily signal the insider’s view of the company’s stock. They differ from open-market sales because no proceeds are reported here.
• For investors tracking insider activity, purchases are typically given more weight as potential bullish signals; a gift is informational but not an economic sale.