Delco Albert Brad 4

What Happened

• Delco Albert Brad, EVP & CFO of Hunt J B Transport Services Inc. (JBHT), exercised/converted derivative awards for 1,600 shares on 2026-01-31. The reported exercise/conversion price was $0.00.
• To cover tax withholding from the vesting/exercise, 660 shares were surrendered/disposed at a reported value of $202.72 per share, totaling $133,795. After withholding, the net shares retained by the insider were 940 (1,600 exercised − 660 withheld).
• This is a compensation-related conversion (exercise/conversion of derivatives) with shares withheld to satisfy tax obligations — a routine transaction rather than an open-market purchase.

Key Details

• Transaction date: 2026-01-31; Form filed: 2026-02-02 (appears timely).
• Exercise/conversion: 1,600 shares at $0.00 (code M = exercise/conversion of derivative).
• Tax withholding/disposition: 660 shares disposed at $202.72 each = $133,795 (code F = payment of exercise price or tax liability).
• Net shares received (based on reported lines): 940 shares.
• No 10b5-1 plan or other special footnotes were provided in the supplied details; this looks like standard tax withholding on an equity award.

Context

• This pattern (exercise/vesting plus share withholding) is common for RSUs or option exercises where the company withholds shares instead of the insider paying cash — effectively a cashless settlement to cover taxes.
• Such compensation conversions reflect executive pay delivery, not necessarily a directional buy/sell signal about the insider’s market view.