ARCB CCO granted shares with small tax withholding
ARCBEST CORP /DE/ Chief Commercial Officer Ralph Edward Sorg reported routine equity compensation activity in company stock.
Rhea-AI Filing Summary
ARCBEST CORP /DE/ Chief Commercial Officer Ralph Edward Sorg reported routine equity compensation activity in company stock. He received a grant of 2,025 shares of common stock at a price of $0.00 per share, increasing his direct holdings.
On the same date, 217 shares were disposed of at $118.17 per share to cover tax obligations through a tax-withholding disposition, rather than an open-market sale. After these transactions, he directly owned 23,291 shares of ARCBEST common stock.
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Insights
CCO received stock grant with small tax withholding; no open-market trading.
ARCBEST Chief Commercial Officer Ralph Edward Sorg reported a stock grant of 2,025 common shares at $0.00 per share, reflecting equity-based compensation rather than a market purchase. This type of grant is a standard component of executive pay programs.
The same day, 217 shares were disposed of at $118.17 per share as a tax-withholding transaction, meaning shares were withheld to satisfy tax liabilities, not sold into the market. Following these moves, he held 23,508 shares directly, indicating the filings represent routine compensation mechanics rather than a change in investment stance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 2,025 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 217 | $118.17 | $26K |
Key Figures
Key Terms
tax-withholding disposition financial
grant, award, or other acquisition financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ARCB (ARCBEST CORP /DE/) disclose for Ralph Edward Sorg?
Was the ARCB insider activity by Ralph Edward Sorg an open-market stock sale?
What does the tax-withholding disposition mean in the ARCB Form 4 for Ralph Edward Sorg?
What type of acquisition is reported for ARCB executive Ralph Edward Sorg on the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.