ArcBest (ARCB) executive has 498 shares withheld to cover tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ArcBest Corp. Chief Innovation Officer Dennis L. Anderson II reported tax-related share dispositions on Form 4. On May 6 and 7, a total of 498 shares of common stock were withheld to cover tax liabilities at prices of $121.82 and $121.78 per share. After these transactions, he directly holds 20,097 shares of ArcBest common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Anderson Dennis L II
Role
Chief Innovation Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 144 | $121.78 | $18K |
| Tax Withholding | Common Stock, par value $0.01 per share | 354 | $121.82 | $43K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 20,097 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares May 7: 144 shares at $121.78
Tax-withholding shares May 6: 354 shares at $121.82
Total shares withheld for taxes: 498 shares
+2 more
5 metrics
Tax-withholding shares May 7
144 shares at $121.78
Code F tax-withholding disposition on May 7, 2026
Tax-withholding shares May 6
354 shares at $121.82
Code F tax-withholding disposition on May 6, 2026
Total shares withheld for taxes
498 shares
Sum of May 6 and May 7 code F transactions
Shares held after May 7
20,097 shares
Direct ownership after latest reported transaction
Tax-withholding transaction count
2 transactions
Form 4 transaction summary for code F events
Key Terms
tax-withholding disposition, Common Stock, par value $0.01 per share, Payment of exercise price or tax liability by delivering securities, Chief Innovation Officer
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
Chief Innovation Officer financial
"officer_title: "Chief Innovation Officer""
FAQ
What insider transaction did ArcBest (ARCB) report for Dennis L. Anderson II?
ArcBest Chief Innovation Officer Dennis L. Anderson II reported tax-related dispositions where 498 shares of common stock were withheld to satisfy tax liabilities. These were Form 4 code F transactions, reflecting payment of tax obligations rather than open-market buying or selling.
What does transaction code F mean in Dennis Anderson’s ArcBest Form 4?
Transaction code F indicates shares were disposed of to pay an exercise price or tax liability by delivering securities. For Dennis Anderson, the filing shows 498 shares of ArcBest common stock were used to satisfy tax obligations, rather than being sold in open-market transactions.
Were Dennis Anderson’s ArcBest Form 4 transactions open-market sales or tax withholding?
The transactions were tax-withholding dispositions, not open-market sales. Both entries use Form 4 code F, which reflects shares delivered to pay tax liabilities. The filing describes these as tax-withholding dispositions tied to equity compensation, rather than discretionary trading activity.