Hagy James Brent 4
Research Summary
AI-generated summary
ARCBEST (ARCB) Chief Legal Officer Brent Hagy Surrenders 303 Shares
What Happened
Brent Hagy, Chief Legal Officer & Corporate Secretary of ARCBEST Corp (ARCB), disposed of 303 shares to satisfy a tax liability (transaction code F). The shares were valued at $121.82 each, totaling about $36,911. This was a tax-withholding disposition tied to equity compensation—not an open-market sale.
Key Details
- Transaction date: 2026-05-06
- Filing date: 2026-05-08 (timely filing)
- Shares surrendered/disposed: 303 shares at $121.82 each — total ≈ $36,911
- Transaction type: Code F — payment of exercise price or tax liability (share withholding)
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Officer title footnote: Full title listed as Chief Legal Officer & Corporate Secretary
Context
Code F dispositions are commonly used to withhold shares to cover taxes when options are exercised or restricted shares vest. These withholding actions are routine and do not necessarily signal a decision to sell shares on the open market.