ArcBest Corp (NASDAQ: ARCB) files Form 144 for planned stock sale
Rhea-AI Filing Summary
ArcBest Corp. reported a planned sale of its common stock under a Form 144 notice. The plan covers 5,450 shares of common stock held through Charles Schwab & Co., Inc., with an aggregate market value of $736,650.00, for potential sale on or before August 11, 2026 on the NASDAQ. The securities to be sold were acquired through equity compensation, including 637 shares from a restricted stock lapse on May 6, 2024 and 4,813 shares from a restricted stock lapse on May 12, 2024.
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Negative
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Key Figures
Shares planned for sale: 5,450 shares
Aggregate market value: $736,650.00
Sale deadline: 08/11/2026
+2 more
5 metrics
Shares planned for sale
5,450 shares
Common stock to be sold through Charles Schwab & Co., Inc.
Aggregate market value
$736,650.00
Aggregate market value of 5,450 common shares planned for sale
Sale deadline
08/11/2026
Date on or before which the common shares may be sold on NASDAQ
Restricted stock lapse shares (05/06/2024)
637 shares
Common shares from restricted stock lapse classified as equity compensation
Restricted stock lapse shares (05/12/2024)
4,813 shares
Common shares from restricted stock lapse classified as equity compensation
Key Terms
Form 144, Restricted Stock Lapse, Equity Compensation
3 terms
Form 144 regulatory
"ArcBest Corp. reported a planned sale of its common stock under a Form 144 notice."
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Lapse financial
"including 637 shares from a restricted stock lapse on May 6, 2024"
Equity Compensation financial
"The securities to be sold were acquired through equity compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What stock sale is disclosed for ARCB in this Form 144?
The notice covers a planned sale of 5,450 shares of ArcBest Corp. common stock with an aggregate market value of $736,650.00, to be sold through Charles Schwab & Co., Inc. on or before August 11, 2026 on the NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.