Woodruff Ronald Greer 4

What Happened

• Ronald Greer Woodruff, EVP Safety, ESG & Maintenance at Hunt J B Transport Services (JBHT), exercised option-derived shares in multiple lots (387, 180, 180, and 387 shares) on Jan 31, 2026. The filing shows tax withholding dispositions of 161 and 75 shares at $202.72/share, totaling $47,842. The transactions are coded M (option exercise/conversion) and F (payment of tax liability).

Key Details

• Transaction date: 2026-01-31; Form 4 filed: 2026-02-02 (timely).
• Option exercise/conversion line items: 387, 180, 180, and 387 shares (total reported exercised/converted = 1,134 shares).
• Shares withheld to satisfy tax liability: 161 shares ($32,638) and 75 shares ($15,204) — total 236 shares withheld, $47,842.
• Price used for withholding/sale: $202.72 per share.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Codes/notes: M = exercise/conversion of derivative (options); F = payment of exercise price or tax liability (share withholding). Two derivative line items are reported as "disposed" (consistent with net settlement/withholding).

Context

• This is an option exercise with shares withheld to cover tax obligations (a common cashless exercise/withholding practice). Withheld shares to pay taxes are routine and do not necessarily indicate a directional view on the stock. The filing shows internal tax-withholding settlement rather than an open-market sale for investment purposes.