ARCBEST CORP /DE/·4

May 8, 4:12 PM ET

Hagy James Brent 4

Research Summary

AI-generated summary

Updated

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.