ARCBEST Chief Strategy Officer Christopher Adkins Sells Shares for Taxes

What Happened
Christopher A. Adkins, Chief Strategy Officer of ARCBEST CORP (ARCB), had a total of 402 shares disposed to satisfy tax obligations tied to equity compensation. On 2026-05-06, 272 shares were disposed at $121.82 each for $33,135; on 2026-05-07, 130 shares were disposed at $121.78 each for $15,831. These disposals were tax-withholding transactions (routine) rather than open-market investment sells.

Key Details

• Transaction dates and prices:
  • 2026-05-06: 272 shares @ $121.82 = $33,135 (code F: payment of exercise price or tax liability)
  • 2026-05-07: 130 shares @ $121.78 = $15,831 (code F)
• Total shares disposed: 402; total value: $48,966.
• Shares owned after transaction: not specified in the provided filing summary.
• Filing accession: 0001981331-26-000005.
• Noted transaction code: F indicates shares were used to pay taxes or exercise price (common for option/RSU vesting). No indication of a 10b5-1 plan or late filing in the provided details.

Context
Code F transactions typically reflect shares withheld to cover taxes on option exercises or restricted stock vesting (a cashless/tax-withholding step), not a discretionary sale to realize gains. Such routine tax-withholding disposals are common and do not necessarily signal a view on the company’s prospects.